I could have sworn if it wasn't for names like Microsoft, Intel and UST , and especially UST taken an equity position, XTV would never had passed my sniff test. Maybe they still have a good fighting chance but that window is running out as another $5 mil needed at these lowly levels will mean some 50% dilution and the abyss of poor sentiment gets deeper.
A turn around may eventually happen but at what dilution factor ? Maybe after going through several consolidations - by which time for those who have bought now will be lucky just to get their money back. Oh yes I have seen it many times in the speccy end. Time is NOT on XTV's side unfortunately when money is needed at these lowly levels.
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I could have sworn if it wasn't for names like Microsoft, Intel...
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