I also am realing from this NR. I was assuming we would get a signed contract or other positive news. Not financing at 4 cents.
I don't recall the person you are referring to that was made some sort of ceo? We had that Russian guy come aboard with all his experience,blah,blah,blah.
I'm still trying to determine if this financing was done in desperation or if it was done to give someone a large position to take us to the promised land. I prefer the latter.
I'm going to have to read the NR a few more times and see how I change my mind. Part of me thinks this is good. I just have very little to back that statement at this point!