I must of read the wrong announcement. The one I read states the following:
"...has received an investment of $7,000,000 from investment funds and high wealth individuals."
Doesn't mention anything about Sophisticated Investors.
IMO..the Sophs are long gone.
They are now fleecing "high wealth individuals". They could be anyone with a truck load of cash - not just Sophs.
$7M to fund growth. LOL.
$18M was raised in May 2010 to fund growth with another $2M end July from the Chinese.
The only thing growing is the number of shares. 1B shares - all blue sky now.
Hope the tour was nice for the cost of admission.
Did they hand out any "fools" gold as a thank you souvenier?
All IMO.
GL holders.
SUDs.
I must of read the wrong announcement. The one I read states the...
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