I was going to put MNW to my watchlist again, only to find out the reason they stated they have more cash available is because they increased loan facility from $6mil to $8mil. what a sneaky (mom says I used a bad word and I need to go to my room), they never changed their face since they offloaded their chip at 28c to acorn which has been offloading themselves at one quarter of the price.
the other day, someone asked if 4c is the bottom, after reading this quarterly, I can absolutely tell him, it is not yet.
I was going to put MNW to my watchlist again, only to find out...
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