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21:17
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Originally posted by Gladdy1:
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Well, in my opinion 100 million free options is game, set and match. What a disgrace this last six months has been. The self fulfilling prophesy is almost Shakespearean. The massive stock overhang will limit interest keeping the price below 7 so the options won't be exercised. Can't believe they made it 24 months and not 12. If the company had confidence in the future they would have set them expire in 12 months. Anyway, if the company does not get funding soon given the last raise was $6 million which is being burnt at at $1 million a month will run out and then we are looking at a raise at 4 cents. That will be dilution on steroids. What a clown show. Been buying three years up until 6 months ago with such belief but have had to watched this train wreck. Should have bailed after the first contractor catastrophe - that was evidence they had no clue what they were doing. Now just want to get somewhere near what I paid, get out and forget the experience.
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No way they will be able to raise at 4c if they miss these upcoming milestones.
