Interesting it looks as though the "sophisticated investors" were sophisticated enough to see it wasn't a good investment and the underwriter appears to have bailed too.
We must be close to insolvent as there can't be too much left in the kitty.
Wonder what these other financing opportunities they are exploring are.
They have brought forward the consolidation. At least there should be some cheap buys for the brave after that as there is only one way the SP will go in the absence of any good news.
Still looks like rearranging the deck chairs on the Titanic.
PAX Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
