The last major stuff up they made was trying to raise $10m at 13...

The last major stuff up they made was trying to raise $10m at 13 cents after going into the trading halt at 13.5 cents. I have always thought they have walked a fine line with regard to their cap raises and trying to raise at premiums or near current SP. I thought at the time that 10 cents should have been the price but on reflection, it should have been 8 cents and they should have tried to raise more. People might say this is ridiculous but the proof is in the pudding. From a company point of view now, I would be looking to raise $20m underwritten at 1 cent to stay alive followed by a 20 to one consolidation. I’m not saying I would invest personally if given that opportunity, but at least the company lives on for a bit longer.