Investors have had a gut full of the bullshit this mob have dished up for years. The last straw was stumping up millions for a new facility that appears to be like buying a new wallet because you haven't got enough money. Another collaboration instead of a company seeing the value in the technology and committing to it, instead they have a few bob each way. The actual sales dont go near covering costs and the cash they have will not last forever. The next time they put the hat around it will come up very light. Unless they can turn this around soon things are going to fall flat on their face and they dont have much to put into the garage sale at the end.
BLG Price at posting:
7.8¢ Sentiment: None Disclosure: Held
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