TSXV:ISD.H - Post by User
Post by
Time2soaron Jun 17, 2013 5:00pm
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Post# 21534194
my theory....
my theory.... Stock price was held down from previous owners to raise cash to put into the 3.1 million private placement at 0.30... you ask why? because they recieve free warrants at 0.45!! that is why it was mad dash to sell before pp closed from house 1. Now when stock price soars.. they do not have to go to the market and buy up more stock, they just purchase some of their warrants. Thats why there was massive selling from 0.29 to 0.22. Thats the range that made that plain feasible... This theory is my 2 cents.....