SAS 0.00% 1.6¢ sky and space company ltd

Ann: Further Commercial Opportunities - MoU & Reseller Agreements, page-36

  1. OzJ
    1,818 Posts.
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    Nope. That's my call. This had been my chear leading stock for a long time. I thought these guys had a long shot but would make it. Now, I reckon they are going belly-up, unfortunately. They have enough money in the bank to last through May. A 100% pull out (or there abouts) closes the doors within weeks. They can keep going for about $500k a month. So if they keep say $1.5m from the CR then I expect them to spend it trying to find more cash with some sort of massive dilution, but otherwise done within weeks.

    I was going to buy a nice boat with the winnings from this one. Sigh.
 
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