Its one thing to dream, but once we wake up and have a look
They have 1 million in cash but what are they going to use to pay themselves and their other expenses that come up to 78,000 dollars a month??
maybe this will have some potential once or if they find a decent project but they had 838 million shares outstanding, after this capital raising which I think is outright theft, these sophisticated investors are going to have 40% of this company for $275,000 dollars?????
Is no one here seeing what is happening??? 40% of cash in this company is 400,000 dollars at present!!!!!!!
This does not make any sense to me, Thank God I havnen't got a substantial amount of my money in this or I would be very vocal about this but I am cutting my losses and spending time putting my spare cash to use in the cheap market atm
why are they even going to bother pumping this up? They have made a million no sweat at the current share price!!!!
If anyone can explain how any of this makes sense please help me understand, But I have no idea how even anyone could come up with this deal after all these months, let alone these "reputable" directors after what they've done for PXR
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