Why should I cut them any slack. The management has been obsoletely terrible and they have obliterated hundreds of millions of dollars of shareholders equity and they now have their hand out for more. The current and former board and management should be ashamed of themselves.
As for why I post I have had an interest in GCY for a long time and I nearly invested - it was only the sudden departure of Ian Murray that stopped me. I knew he would not have bailed unless he had been serious mislead by the company. Thankfully there are at least some people in the industry with integrity.
GCY Price at posting:
10.0¢ Sentiment: None Disclosure: Not Held