The Major Shareholders are still in the stock because they can’t get out. Their reluctance to invest more money is obviously because they don’t believe that things can be turned around. The big problem is that not enough money was raised. Now we can rely on Veritas to place the shortfall within 3 months , hopefully aided by some positive sales results at end of January. The board kept their word which is a positive sign but the company needs to diversify into new equipment. Being a one trick pony is the biggest weakness.
SPA Price at posting:
2.5¢ Sentiment: None Disclosure: Held
