Next cr at 0.2c?

  1. 560 Posts.
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    We're probably at the stage of needing a new cr in the near future. We only raised 1.5m last time and we would've taken a loss on the pathetic 200k revenue we received for the 40,000 units on the ipsy campaign. People clearly hate our products (just check the ipsy reviews) so I don't see any reason for optimism as far as actual sales go. My question is: what price are we gonna raise at? It'd be hard to justify a raise above a recent trading price. I think think that really only leave them with 0.2c.

    My prediction: sometime in the next two months they'll try to raise 3 million dollars at 0.2c. The usually idiots will give them around 750k which will keep them limping on for another couple months.
 
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