Lew, I strongly disagree with your opinion that financing is the brightest part of the release. Also, you tend to exagerate extremely what I said, even to the point of attributing other people's statements to mine. Anyway, there is almost always something wrong with "reg" Reg S. Is is almost always a last resort type of financing, and it always dilutes, and causes downward pressure on the stock price, by its nature. Reg S is not desinged to protect the investor. Most investors run from Reg S, which you should know. It is impossible to tell just exactly what the form of the financing is, as, per Zev's post, there are alot of new financing tools out there for companies in trouble, but none of them are good for the short run stock price. The financing IPM announced today is certainly of this nature, and it is not a positive. Looking at it as a bight spot is not realistic, and only falsely increases expectations, which is not good for the stock in the long term.
Brad |
