and they still refuse to.....
posted on
Oct 28, 2016 09:59AM
explain the "what and why!".....all that todays news release did was confirm that our worst fears were indeed realized. I consider it sort of rubbing salt into the wound.
"The Company intends to use the net proceeds from the offering for general corporate purposes, which may include, among other things, increasing working capital, research and development, further product and sales development, as well as potential business or intellectual property acquisitions in support of strategic growth."
Thats no explanation as to why we are where we find ourselves....its more vague platitudes, nothing more. There is a real reason that they chose this path....yet they refuse to inform us. This is the part that disturbs me....well, that part and the fact that my portfolio is down by a lot more than 50% since early October.
I have no choice but to hold on........and I guess my wife and I will need to talk very soon..........