Well, no capital injection before Xmas it looks like. Maybe something will happen next week, but we're getting pretty tight. I suspect not as the announcement would likely be proceeded by a three-day TH. We're running out of time before Santa arrives to squeeze in a big deal like that.
So, after Xmas, there isn't the right atmosphere until Jan 7, really. And there isn't the right atmosphere for a "successful" SI/SPP/retail raise until Feb (which I think would be devastating and likely the end of SAS even if they raised enough money to keep the lights on). I think they only have enough money to go until Feb, maybe with this $800k+ R&D rebate they can squeeze an extra couple weeks.
But between the money running out and the GOM statement that they expected a $3m payment this calendar year I'm getting a little nervous.
I'm back to thinking that my investment may evaporate into the cloud of shattered dreams. Oh well, I keep my fingers crossed.
SAS Price at posting:
5.8¢ Sentiment: Hold Disclosure: Held
