This is certainly disappointing unless the price is right. there was $3m cash in Dec, and $1m forecasted cash outflows jan-mar quarter for operations. This CR is certainly to fund Capex. OA’s were in the money if SB was a bit more patient, 60 days is not a lot of time. With positive sentiment, time certainly was on his side. He could have delayed any CR to get the OA’s exercised.
This is certainly disappointing unless the price is right. there...
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