Notably on Oct. 1, 2012, ORYN announces $2m in financing. Why not last week? Here's why, more than likely they engaged in toxic/death spiral financing which costs shareholders massive dilution and huge financial statement expenses. If they closed the financing ONE DAY EARLIER that would have hit the 3rd quarter financials thus the delay until investors realize they are hosed in the 4th quearte. That is the reason a company like ORYN picks the first day after the close of a quarter to announce. When the 8K is issued, I'll be back and you'll see for yourselves.
Why is ORYN not telling us who financed the $2,000,000? Even though you issued an 8K in May of 2012, once a material financing agreement is in place, you have to issue another one and specifically disclose the financing party. Your 8K is now late.