And the rest...they need to give the Mexicans $2.5m shares and $1.2m cash I think; it’s more like 40%! Then they need working capital. Last time they showed their desperation in going to Patterson’s who served up a sheet sandwich to the average shareholder. Expect it to be worse this time.
Expect 50% dilution in the coming months. They’ll no doubt have stock piled positive announcements to give the insiders who get the placements a run.... what will it be? 0.07?
CZL Price at posting:
0.9¢ Sentiment: None Disclosure: Not Held