Good luck to holders - they will need it.
This has been trading around 15c for so long, and management can only find someone to underwrite the RI close to 50% discount.
Clearly it shows how little love this company has.
What's more, for a junior with a sub $10M MC, it is appalling that there are five directors on the board.
Look at the burn rate for 2016. Over a million dollars on director/staff cost.
These guys are running this like the fintech boom is at its all time high. Luxury directors at its peak.
A suggestion for them to actually show they are generating some good coin before such high end admin costs.
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