I suspect its related to the raise and I have every expectation that we are going to be diluted heavily now unless we participate in the raise. Even with government assistance I think they need the money. I doubt sales would have improved with the economic situation being what it is.
As always I am a glass half full kind of guy. The current market cap is less than half of what their assets are currently valued at. So technically its a very oversold stock, but then again maybe trying to value this technically is waste of time until they can demonstrate that they are breaking even.
DXN Price at posting:
1.4¢ Sentiment: Hold Disclosure: Held
