Yes, RNT will need to raise capital, as they still have a high burn rate. When they rasie capital they will dilute the shares, and the price will fall to 3 or 4 cents. The point that perhaps i have made badly, is that on the current trajectory, they will need to dilute in about 3 quarters. You are taking a huge gamble to expect them to turnaround in 9 months. Hence my Thesis, that selling at what was 8 cents when i started talking in this thread, is better than selling at 2 or 3 cents. If that makes me a Goose, then so be it. We live in a country where we are ALL allowed to express our views.
RNT Price at posting:
6.4¢ Sentiment: Sell Disclosure: Not Held
