"Well either options or a CR puts MONEY into my Coy. Having liquidity in an option however, which goes over a longer period but is tradeable, compared to a CR that is raised in a consequential desperation." timely1
i hear wat u say about ALT not needing much money before the brazilian deal comes thru but u dont know for sure if the letter of intent bears fruit ,,and if so, in a defined time frame,that works for ALT, do u?
and I would rather see the company get injections of working capital via option conversion than doing a CR
GetTING the opps DEEP in the money speaks volumes for the company whereas a CR sometimes have that feeling of desperadoNESS
ALT Price at posting:
2.0¢ Sentiment: Hold Disclosure: Held