quote:
Originally posted by rmbbrave
I imagine the SP has fallen to .36 because they issued 200,000 new shares at .36.
They issued the shares to get some cash to attend all those boat shows. Here is the Dubai boat show stand costs...
http://www.boatshow.dwtc.com/info/index.html
This may be the last throw of the dice for SLG. If the money they have invested in attending boat shows isn't repayed with orders they may go under or at the very least they will find out that they have a product that just won't sell as $98,000 a pop.