the only option available to CMN is to trade out of trouble. More capital raising would be impossible.
There would need to be compelling reasons to vote for the extension and not just to keep the dream alive
There needs to be ADDITIONAL compelling reasons, based around solid,reliable & profitable forecasts.
If they can actaully get through this, a delay in re- listing until late 2009 would actually be a whole lot be better than listing right now! It would get crucified atm.
Best of luck to the CMN shareholders and creditors.
CMN Price at posting:
6.0¢ Sentiment: Hold Disclosure: Held