@MrFaargsI agree with you. The risk/reward is good from...

@MrFaargs

I agree with you. The risk/reward is good from here.
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For me, 2 reasons. I have a lot of reasons not to be positive, but lets leave that for another day.
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First, it looked like MGU may need a cap raise several months back. Neil has somehow avoided it, till now. So its a positive. If we can postpone salary etc, its a possibility. I was hoping he would have done that for last quarter, but the quarterly said otherwise - slightly disappointed in Mr Neil - if he feels he can get finance, no reason why didn't go for this path, or take salary in stock etc. So not happy with that quarterly..
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Secondly, no adverse news on financing update - like cancelled/delayed etc.
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So the bottom line is, if Mr Neil can somehow manage cash till October (or do something for 500k without diluting), and most importantly, get the raise in October. I feel if the raise can happen in October, there will be a significant change to MGU. My main issue is - when will we know, if its happening or not happening in October? If I were a long termer like many here, and which I do in some other stocks, I would take the risk and stick at least till that time, having come so close. But for some reason if that does not happen, I don't think we may see Mr Neil for long, unless he is desperate. Watching every day. Hoping something good happens here. But not accepting unless there is evidence. All the best.