Re: Resverlogix Announces $13 Million Private Placement
in response to
by
posted on
Oct 06, 2020 10:55AM
"These conditions result in a material uncertainty which may cast significant doubt on our ability to continue as a going concern. If we are not able to raise capital, we may be forced to cease operations."
This line from the md&a sent chills down my spine.. dilution or not, any form of financing should be considered better than "ceasing operations". I think most investors would love to roll the dice on this stock... just not with $28,000 cash in the bank account