RE:RE:RE:RE:RE:Those 230 machines should be producing revenue any day now "T4H is wrong about the PP though, they aren't looking to raise money, instead he was here looking to restructure the debt -"
Oh i agree they are trying to restructure their debt given that $16 million of it is current, but I hold fast to the belief that a PP will be tendered within the next 8 weeks and therfore these meeting do have a dual purpose if you choose not the put the looming liquidity situation all under one umbrella. Here is your chance to breakeven from our last "toe to toe". So do I smell a gentleman's cyber Timmy's wager on a PP within 8?
"I'm encouraged by one fact though, and that's the amount of stock that Canaccord has purchased since June 1st - 684,600 shares (over 45% of all the stock purchased during that time), and have sold only 179,700."
It is impossible to estimate who holds what as long as the Anonymous player is in the thick of it. It very well could be a front door back door game. I find it is always wise to take any presented broker trading with a grain of salt when it is public knowledge that the company does maintain a client relationship with them
Food for thought: How does a company create liquidity as one of their client services without getting bogged down as a major holder or making it obvious that they are churning? Canaccord Genuity’s global sales and trading team is passionate about connecting the right idea with the right client at the right time. Our approach combines international intelligence, market savvy and sector expertise, with the support of high-quality, actionable, idea-driven research. We are committed to developing solid client relationships that allow institutional investors to gain meaningful access to established and emerging entrepreneurs.
Our idea-focus caters to the needs of both long-only accounts and alternative asset managers. From our 14 international trading desks, we are active participants on 10 global exchanges. Our skilled team of professionals facilitates timely and efficient execution in high volume, large capitalization names and emerging or illiquid companies – managing the impact of each transaction.
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RE:RE:RE:RE:RE:RE:RE:RE:Insider buy
You have to be careful on how you interpret any transactions, press releases or any other data
involving Canaccord Genuity Corp.,Mackie Research Capital Corp. and Global Securities Corp.
as all 3 are compensated agents of Poydras.