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Re: PP?

By: tkc in ALEA | Recommend this post (0)
Wed, 18 Jul 12 10:44 PM | 92 view(s)
Boardmark this board | The Trust Matrix 		Msg. 09034 of 54959
(This msg. is a reply to 09018 by DigSpace)
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Dig, my hunch is they're still using the ATM to meet payrolls. The SP has just been too flat for too long. I'll bet they've sold a whole bunch @~$.65. We took a precipitous drop following the ASM and have been in this immediate neighborhood since. That suggests to me a high probability that use of the ATM has been a SP cap. We'll only learn of June's ATM usage in the Aug. report for Q2. By Nov's Q3 report there hopefully will have been enough news (reporting deals) that the SP will have risen back to at least $2.00. There is no exit point here. And as usual we're flying pretty much in the blind.


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The above is a reply to the following message:
PP?
By: DigSpace in ALEA
Tue, 17 Jul 12 6:06 PM 		Msg. 09018 of 54959

You know there just seems to be no sign of the hinted PIPE when one looks a t volume and the normal thingy's one sees in a leadup. Granted the pace of events is usually pretty rapid, happy news, volume, 8-k all in about 10 days or less. There is also the marked tendency to do it shortly after a CC as opposed or shortly before.

I have greater than average curiosity about Q2#s (and who wouldn't after a crater like Q1).

How are they keeping the lights on right now short of massive exp reductions or sig rev increases or both.

Its seems the current situation almost requires revs having gone to at least 8.5m with about 13.5 in cash exp and 3m in ATM.


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