I despise CM8 having to fork out 15% interest to Track guys year after year...
I despise CM8 having to wait 90-120 days for telcos to pay up, and I despise banks refusing to give CM8 a working capital loan at acceptable bank interest rates to cover this very safe timing issue.
And I would love CM8 to clear that convertible note loan early.
So a cap raise at a premium would make me happy, as would a rights issue at a heavily discounted price...but only if money raised is used to clear the debt and to help CM8 win a small, regular bank loan to cover the time gap between payables and receivables.
(And I wish the telcos could be somehow made to pay up sooner...)
CM8 Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held