Cfr just raised some money through MPS.
Does anyone think cfr might try to raise some more by issuing cfroa to cfro holders.
They probably won't dilute again but 385million options by .002 would net them $770k.
Total cost of .003 and exercise price of 2 cents.
Just a thought.
Cfr did say that it would take up to six months to evaluate India and form Elepnant and that is due by mid November.
Some are still buying cfro and it would be wishful thinking that cfr would be 2.5 to 3cents by 30 nov.
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