Posted On: 11/04/2015 7:38:28 PM
Post# of 96881
They simply cannot throw another 400M into the market on top of the other 2 very recent A/S raises and expect a steady SP unless real blockbuster news is released at the same time. IR is expected to issue a SH update in a day or two that will probably be insufficient to stem the bleeding.
Other than the obvious hopes we get on most remaining platforms by the end of November, I think our best hope is an angel investor stepping in or a merger with a cash rich partner.
So will the proxy and the share structure issue be related to a R/S? Lets hope not. As some have stated here already companies typically do not ask SH to vote on an R/S b/c they would never get approved. Anyone else have any ideas what the share structure issue could be related to?
Other than the obvious hopes we get on most remaining platforms by the end of November, I think our best hope is an angel investor stepping in or a merger with a cash rich partner.
So will the proxy and the share structure issue be related to a R/S? Lets hope not. As some have stated here already companies typically do not ask SH to vote on an R/S b/c they would never get approved. Anyone else have any ideas what the share structure issue could be related to?
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