reflections, page-30

Unfortunately, it looks very bad for ELM like all the other stocks.

I said "The challenges of the past should be replaced with the challenges of the future" after the GM, however the challenges of the past still squeezing our throats and ELM's SP is sinking, to somewhere which we even can't imagine.

I am not very optimistic anymore in these bad economic conditions with this management who left the company with no money as the cap raising has not been done in time. Now I don't want to imagine what would be the cap raising price.