Interesting that no one has discussed the critically low cash position. There was 1.2 quarters of cash as of end March. By now, they must be rattling the can with brokers for a steeply discounted CR. I’d suggest people tread carefully with this as there’s zero doubt that a CR is coming.
Good to see a refreshed board but unless they’re working for free and injecting cash straight into the business, this deserves a wide breadth until they sort out the books.
A1G Price at posting:
13.5¢ Sentiment: Sell Disclosure: Not Held
