re: Ann: $1.5 million of Bonds Converted Duri... C'mmon, it sound like no matter what management does is enough for you or some people.
The BHolders are now getting their extra interest and the company has the time to start reducing the debt as the production/revenue increases.
I have been told that they will not issue more shares for a while.
This is a very good result and very positive from my point of view.
Now lets wait to see what the plant changeover results are, if the plant changes are achieved, there is no reason for the shares price to continue down, of course if the big boys let it go for a run....
Question: does anybody knows how much short selling on GXY is going on ? ASIC only shows 10 to 12 million shaes shortsold!!!
DYOR
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