Re: Arguments about milestones
in response to
by
posted on
Dec 23, 2013 10:13AM
We should have had update by now. Possible problems 1} technical 2) acheivements met but not good enough for a mjor player to be interested. This current management has nothing to lose. They are getting paid, have 0 invested and have free millions of options if it works out. All upside no downside. My worry is the cash burn,there have been no warrants excercised and not much ash left. If they get to the point that to do further work they need another PP,it would be done at a much lower price and massive dilution. They would also lose the good faith and credibility the market has given them. I have way too much invested to wait that long. If we don't receive a good update that moves the SP very soon I beleive many will lose faith and protect themselves by selling stock. IMO