Post by
yzkiley on Mar 24, 2021 1:06pm
Private placement
I have been hearing that the recent pp was lowered to .19 or .195 plus warrants. Correct me if i'm wrong but why would anyone wanna pay the current sp .245 when you could just buy into the private placement. Seems like a no brainer to me. Thinking the current sp will fall to match the pp. I think this was not a smart move by the CEO as it just erroded a lot of investors confidence especially when this stock just got moving in the right direction after such a very long time.
Comment by
InvestStocks on Mar 24, 2021 1:25pm
A lower PP price does not always mean current share price will trade at that.
Comment by
yzkiley on Mar 24, 2021 2:24pm
I suppose your are right, it might even go lower... In other news A new "double mutant" variant of the coronavirus has been detected from samples collected in India. https://www.bbc.com/news/world-asia-india-56507988