Pickem Both Trojan and the Board will be looking for suitors to take the stake. That they are looking must be known and what price that will be could be holding the stock back. With the amount of stock (85m) and the seat on the Board they can't sell in the market. They are shopping. A suitor like a bank would be perfect. My guess is the refinancing is on hold until the find someone and sort it out. Trojan have 85m shares and they paid 18.95c. They would be looking for a profit otherwise the whole Trojan windup will look dumb. It always looked dumb imo. HM
GPM Price at posting:
$1.03 Sentiment: None Disclosure: Held