while they may not need the cash today, if the equity markets turn down next year, raising cash will be more difficult. seems they are getting ahead of a potential problem and setting up 2017. all small companies eventually raise cash.
cummins engine was cut to SELL by citibank.
dont be stupid. there are better opportunities out there. everything is working against these guys.
this is then end of XONE. just look at the financial data. only foolish rookies buy this type of trash