If I did have to pick one thing I liked about your masier ( as you refer to him )
Is that he did previously control dilution
Albeit for himself
How ever that now is going to be all in vein
I feel RWD would realy struggle to raise any real money and would have to hugely discount to get a bite
Probably sub 20c
The three in the bank won’t last long
if any genuine work is being completed
And if that cash reserve gets any lower
The buyers will treat the company as a wounded Gisselle stuck in a croc infested mud flat
And RWD will be forced to take whatever is given
If they needed Ten million to get to dfs
Assuming pfs was done
Rwd would need to right 40 % more shares
RWD Price at posting:
29.0¢ Sentiment: Sell Disclosure: Not Held
