So if the company waste 2 months doing this terrible dilutive cap raise to come out with zero participation and forcing the underwriters to stump up then everyone needs to be sacked.
Apparently whenever you speak to management and the advisors there are million dollar deals being signed. I've heard this for 12 months now and not a single announcement.
They are all liars. They tried to pump the price last August and since then they failed.
This piece of crap is bankrupt. Can't even announce anything the last 2 months so what is the Board being paid for?
CIO Price at posting:
0.3¢ Sentiment: Sell Disclosure: Held