That's funny. USGA pretends to think the stock is going to be $15-18 in a year, but evidently REFR feels different, otherwise they wouldn't want to sell stock in the $2s now. Probably REFR wants to raise as much money as they can before Mercedes discovers that C car buyers don't want their crappy, ugly blue sun roof any more than the more expensive car buyers did, and drop the product completely.
In time you will find a "spin" to make even a earthquake and a hurricane in the same week sound like a marvelous event.
Me thinks that other than Joe was caught in a lie, and you all swallowed the hook, the line and the sinker, and now you are gagging on it. Oh what a tangled web we weave when Joe and USGA try to deceive..
Well some of the Shills here have some 'splainin' to do.
I thought there was no further need to raise more capital--that profits would carry the day. I'm going to go back and re-listen to the CC.
What you say USGA? John? Oh, yeah, I'm on "ignor"
Interesting day today in the market, higher than average volume and a new lower low.
At the last conference call, Joe said that they would raise more money for general advertising, after product advancements. Maybe another car OEM is about to announce using SPD glass? Is that why they wanted to raise the money now? They don't need it for current operational capital.