re: Ann: Bruce Mathieson Becomes Cornerstone ...
MF, how have we been proven wrong?
Beacuse we didnt predict that Bruce Mathieson will take a placement of stock?
$1m will last one quarter...what then?
It will last them enough time to announce a further placement to a last resorts funder like La Jolla or the like that will require Shareholder approval via AGM/EGM.
Do you really think existing shareholders will front up another $1m between them?
Our bet still stands....when she gets to 8c I will disappear for 3 months....but still betting we will see 4c first. I also think a few holders will use the strength in the SP to exit in coming days....so lets see how this plays out.
Kiril.
ISN Price at posting:
6.1¢ Sentiment: None Disclosure: Not Held