RE that is partly correct. Also, the obvious is that they haven't raised enough cash...
Not sure why that would be the case? LOL This is truly a learning experience for management. One would hope that they have learnt from their mistakes and realise that they should have kept the interests of the shareholders in mind. Most investors have tipped money into blue-chip stocks and I would be very surprised if they raised the $7M. That's enough from me...
TW
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