The cash was necessary to keep the lights on. I cannot fathom how people see this cash requirement as a good thing for (current) shareholders.
Also, I wouldn't be so harsh on people that have sold.
Not sure what your average by price has been on your 1.1m shares, but if you had of sold them a month ago, you would be about $33,000 better off than you are today.
It is only going to get harder for (current) shareholders.
SGH Price at posting:
9.0¢ Sentiment: Sell Disclosure: Not Held