Do they really need this? They had more than $4M in the bank at March and they keep telling us this quarter is good for cash receipts and that they are reducing expenses.
Sounds like Maptek are getting more & more entrenched and suddenly now they are a preferred creditor if the company is wound up. WOW
I don't see this as anything but negative for us existing shareholders! I can only hope one of the other major shareholders starts having a look at what's going on here and gets involved.
DYOR.
Do they really need this? They had more than $4M in the bank at...
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