There are a number of top 20 shareholders who have supported the company through numerous placements at higher prices . I believe the head of corporate at Morgan's is in the top 10. One would think the only way these guys can salvage the equity in this company is through a recap. After all they raised 3.5m to support indue acquisition so surely another 5 mand the sale of NeolCP shares would more than suffice . Todd I imagine could cough up At least 1-1.5 m. I think it has a chance to survive and it should of the Npat projections are accurate .
STL Price at posting:
1.9¢ Sentiment: None Disclosure: Held