They burn 8 millions every quarter.
February is 5 months ago.
Do your maths.. a placement is due very soon. And it'll be extremely dilutive.
There is no good entry point with Hamilton "The Dipstick" running this operation. You can believe he still gets his inflated paycheck. He should pick it up wearing a mask and toting a gun.
NexSteppe has been reporting strong momentum in Brazil and there simply may have not been room enough for two companies in Brazil, given the slowdown in the ethanol industry.
Actually it is lots of cash (relatively speaking of course), if you consider that by the end of February they had 14.6 millions in cash and cash equivalents and marketable securities. That's more than their market cap. So, yes, it's lots of cash.
Ultimate Stock Alerts (find them in Google search) saved my trading account after I made a mistake with CERE
Another great job Hamilton, dipstick. All these people losing their jobs and you are still robbing the company. Your job should have been #1 to perish.
You miss the part about using Brazilian grant money? Sorry cover up. They are going where the money is.
Nibbled a bit more at 2.22 this morning...the ride up will be swift. GLTA
Sentiment: Strong Buy