Traydor, I have heard that line from the company for the last couple of months. It is BS that they can't come out and state what their plan b is or wtf is going on. I am guessing you heard this from a phone call? This might not be sorted for months and then we have to wait 3 months from then. JUST TELL US WTF IS GOING ON HONESTLY!
Having said that, I don't think we will be RIP'ing any time soon. It still has plenty of cash and cash burn is very slow. They could always do a cap raising but I think they're avoiding this at ALL costs. I wouldn't tip any $$ in but there would be plenty that would still that have large holdings and it is either they tip in or their shares are worth zip.
Management F'n suck!
CMC Price at posting:
7.9¢ Sentiment: None Disclosure: Held