going concern - or not, page-7

cpg,

I agree, but it's not surprising...we knew they were probably going to need more money to continue the operations in hand...possibility was flagged in the 4Q report...it's just a matter of how much can they raise, and at what level?

Should they be able to raise a decent amount of money here, it will fly in the face of the detractors who have been screaming about it coming, and the companies apparent lack of drawing power to be able to raise funds in the current environment.

Personally, I'd rather take dilution over administration any day of the week if it came to that!