Does the plan involve new ........ management?! Even if it does with cash burn and commitments, I cant see how it can be turned around.
Maybe I will consider sending my votes in next week.
I see we are again in the dark about the recipients who were deemed worthy for discounted shares. They will probably hold off dumping until they get their options but I saw a big million dump the other day. Perhaps that was the Italian permit vendor getting out.
Some kind of boys own oil adventure here, but one that doesn't seem to have a plan to deliver returns to long term shareholders. Of course, another 15% issue in the wind 'if required'. Just try to avoid being besmirched by a company in liquidation. Slit LT shareholder's throats if necessary.
KEY Price at posting:
5.0¢ Sentiment: None Disclosure: Held