I agree, I doubt this company will fold. It has a lot of Singaporean Backers and dodgey connections.
But on the downsides left, everytime I think it can't get lower, it gets lower.
I think however this quarter, they might come close to making it in the black (for the first time) considering the cash burn rate is $600k to $1m for a qtr and sales seems to have nearly reached $300k going by their announcements, but it will be another uphill battle after this qtr.
RBY Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held