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TSXV:CHU - Post by User

Comment by jpbbon Jun 07, 2011 10:45pm
364 Views
Post# 18684548

RE: RE: RE: RE: RE: private placement

RE: RE: RE: RE: RE: private placementI don't know what part of this is so difficult for you to understand.

First of all, we were at .40 for ONE DAY! The day before that we were at .32. Are you following so far? Good. Two weeks before that we were at .17! Are you seriously suggesting that they should have attempted to raise money at .40? Seriously?  How can you possibly suggest that having done a financing at .34 is what's causing the sp to stagnate in the low .20's? Is it not obvious to you that we would have gone down whether the financing had taken place or not? You must be smarter than that. You should be absolutely thrilled that Wellington put up $7 million at .34.
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