"... a proposed capital raising transaction that is material to the company..."
My comments:
This is par for the course with any poorly cashed up junior that has issues for an extended period of time once it moves into production.
As I have posted a number of times, the key for investors is to run for the hills once they work out a company is having more than just a few minor start up issues.
Even if it means swallowing your pride.
So I sure ran for the hills and saved myself instead of riding this down to virtually nothing. (Well, 1.2 cents before the trading halt.)
AYN Price at posting:
0.7¢ Sentiment: None Disclosure: Not Held