can someone fill me on the cash position on this company?
I know they just placed $2mill @ 10cents but that seems to be allocated already. As of quarterly they had 1.5mill but a quarterly expenditure of 15mill. Last quarterly mentions "underwrighting facility" of $100 mill, can someone shed some light on what this means?
Just trying to do my research on this company before I enter.
Cheers in advance for your help,
Fred
