Bounce???
What a sad state of affairs now... around 120 existing shareholders had enough faith to throw $5000 more to support their ailing company.
Now, as an alternative, the company have had to do what they seem to have become experts at... another investor presentation, probably going to be issued at or around the
.02 price with even further dilution. I'm concerned that they must be getting close to running out of institutions that will back them - small investors obviously aren't anymore. We will see I guess.
That might see the bottom of this constant downward trend hopefully providing a level of support which is non existant to this point...then again...
Writing was on the wall for a failed SSPP when they started begging for investors to participate rather than buying on market.
Still no sign of anything to convince me to get on board.
MXL
mxl limited.
