Replies to post #8723 on Value Microcaps Motherboard

[mandjb]

AWRCF: Stanu I'm holding but not adding

My thoughts are similar to yours - I want to see some of the intended developments take place before buying any more shares.

I'm stil leery of the equity offering. Why not float a convertible instead? If the balance sheet is as published (which the caller from Italy questioned), the company is fairly well capitalized and ought to be buying back, not issuing, shares.

I have to see the firing of 2 officers for curruption as positive. I'm afraid there may be skeletons we haven't seen yet, though, as remnants of their tenure.