In the event Metal Storm does not make it to funding the largest note holder being Harmony Investments an investment
firm based in Singapore will walk away with the assets lock Stock and Barrel.
A perfect play while a major shareholder and officer sells stock whom is also making press statements which I could be suspect when it comes to selling stock from the inside while making press statements to support the stock.
A possible strategy is to act as if a deal is going on, then have it collaspe - file bankruptcy - and tell the shareholders we are sorry but we gave it one hell of a good try - better luck next time.
Remember statements can be made to confuse the situation.
Add to My Watchlist
What is My Watchlist?