By Tom Winnifrith | Thursday 26 May 2016
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
As I pointed out yesterday, LightwaveRF is in a financial mess and forced to rely on loans of last resort. Actually it is worse than that. Interims out today strongly suggest that it is going to go bust.
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