Some of these numbers seem to be extremely optimistic. Reminds me of the tech and biotech boom of 1996-1999 where you had some outerspace numbers given...of course they are future projections.
Before they start to look at the "hundreds" of millions let them make the first million in sales and report this to the market.
Raising $5million at 7.5cents. I mean why would anyone be dumb enough to buy at 7.5cents when looking at MIK you know they are desperate for cash. Their last attempt was at 3.5cents. Sorry but I find it hard to buy this.
I am happy to eat humble pie (which I have done in the past ... one of them being FMG all the way back in 2003-2003 at 20cents) and hope that the CEO can deliver on this projection.
MIK Price at posting:
2.7¢ Sentiment: None Disclosure: Not Held
