Further comment on previous post, we also know now why they pulled the pin late Jan as Dec quarterly was due in a few days time and all would have been revealed, current debt not previously disclosed, poor production etc.,
The public statements they pushed prior was how much cash on hand, $9M I think, without any reference to immediate debts due so net deficiency of $10M on normal trading terms basis regardless of other corporate debt, again misleading conduct and the Feds should be all over these poor excuses for company directors.
CMR Price at posting:
15.0¢ Sentiment: None Disclosure: Not Held
