it will be interesting to see the quarterly
I'm guessing that it will show a much lower cash balance than expected
And that will trigger another cash raise (and more dilution) especially given the raise price could be in the 1's
For the life of me I can't understand why they didn't raise earlier (and for a much higher amount) when the sp was in the 4s. They wouldn't be in this predicament now.
Bad management poor judgment
An easy fall to $5m mc, then a slow drift lower
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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1 | 16169 | 0.025 |
4 | 3059245 | 0.023 |
1 | 250000 | 0.022 |
2 | 235000 | 0.021 |
Price($) | Vol. | No. |
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0.030 | 73000 | 1 |
0.032 | 600000 | 1 |
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