go goodman and fitt go!!, page-18

Of course the vital thing here is VMT dont run out of cash real soon, if they do this qtr based on current burn rates they are dead as the bank would grab their collateralised stake and there goes another $3 mill or so. No cash, little chance of raising any without big pain and all new mangement hopes won't mean squat if the boat sinks in the meanwhile.

As is this company needs serious re financing/borrowing more money typically in a way which will dilute everyones stake even further. But I dont think theres much option.

All this stuff from the new troops is probably necessary and certainly desperate because if the whole gig fails they, like me and you, loose their shirts.

Buy more now? Hmmm, a real punt on the chance the gig fails, sell more now? If like me you are off a fortune you'd hold on a bit more to see what happens and learn a few important lessons. I only need another 800% increase from here and I'm good again, how about you? ;)