It doesnt look to me like they have really been conserving cash Surandy. looks to me more like spending money like drunken wharfies on pipe dreams.
I think at the very least they kind of owe some explanations to shareholders as to why Kalina + BH doesnt even rate a mention any more.
Having said that, i do think it is curious they havent pulled the trigger on a cap rasie yet (as they are in dire need of one). perhaps they are close to inking that elusive deal after all.
It doesnt look to me like they have really been conserving cash...
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