GREY:LGLTF - Post by User
Comment by
banxon May 17, 2016 7:45am
115 Views
Post# 24879968
RE:go to $0.005 again
RE:go to $0.005 againYun, I highly doubt it.
It may slip further though if impatient investors slam the 2 penny bid which has considerably weakened over time due to an absence of meaty news.
So far, there's not enough to bite into to allow the stock to move higher.
Let's close the financing and show n tell the Q1.
The one recent saving grace has been this:
"Certain directors, officers and insiders subscribed for $775,000 aggregate principal amount of debentures under this first stage of the offering."
You would think insiders see something positive about the future.
Given how favourable the financing terms are, I'm the first to admit astonishment at the protracted time frame in closing it.
Having said that, I'm fully expecting to see it close this week.