Originally Posted by
Flugenbear
Any thoughts on the cap raise?
I have to admit it caught me by surprise given there was talk of being profitable very soon and already having 4.5 million in the bank.
I hope good decisions are being made how the money is spent to get this thing moving. I still believe in the company, I think they have a good product, and the share price right now I don't believe reflects the potential. Having said that, the management need to show results within the next year. I do like the fact that several directors/board have a decent amount of shares and said they are supporting the cap raise. Let's see, I'll support this one and have even asked for additional.
CDY reminds me a little of WDT or BLT...potentially a good product but selling it is far from easy!
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