iBuy under pressure, board orders US$216K monthly opex cut - See more at: http://www.digitalnewsasia, page-21

You must be shorting or looking to buy lower Malmanu, just saying the words cap raise and 'go under' is not very constructive, give reasons. They cap raised for an acqusition in the past not for out goings. They have $7.5million still in the bank, we are hoping $5.2million was a one off payment??? which should make the next quarter near breakeven. If the loss is around $1million then they could continue at that rate for 7 quarters without cap raise. I think the board has gotten the massage now just look at the shareprice. They have the power to reduce costs they just have to be forced or want to.

No evidence of a cap raise whatsoever, im hardly an upramper at the moment if you read my last few posts.