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04/05/15
10:25
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Originally posted by troyus
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True Ct but we can definitely try to minimise it.
We have money in the bank to easily keep us going for 2 or 3 more quarters.
we have an oversight on the 7.1 which will stop CRs without shareholder approval.
I do not think it is a fait accompli that we need a CR as well as a Consol. Whether we have 2.5 or .5mil in the bank is irrelevant if we need to raise to purchase. Tie a raise to the purchase and no one is going to say no. Have a raise with no information and a high chance of further wealth evaporation and a lot of shareholders will say no I guarantee it!
T
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No doubt they will, no doubt. However, with all due respect I disagree with your premise. Which is why I left the other thread to come back to this one..