Thanks @seachange2 let me ask you this..what has our new CEO got to lose? He comes in with a nice pay package of $360k a year. Well if it doesn’t work out so be it, move on to the next role. Why don’t we do this, why doesn’t he take on the challenge and show his faith in the company and buy in a couple of million dollars worth of shares to see us through rather than go to market for another capital raise?
It’s easy when you don’t have your hard earnt cash on the line.
Focus more on what the big shareholders have invested and what they have on the line to lose instead because these are the ones that will be driving the company because at the end of the day if they bought in at the last raise of 36c and we are currently trading at 3c I’m sure they are not going to be just sitting around and copping a few million dollar loss. This is where the fun things start to happen in the micro cap space and they begin there hunt to recoup their losses. How and when, well sit back and let the party get started
MEB Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held