RE:RE:RE:RE:Private PlacementAny one figured out who got the new stocks? This could shed some light on why they did it.... a publicly traded company with cash on hand ... adding a reletavily small amount ... to me... seems they are after certain people to join them.... possibly for further funding down the road or to strengthen the faith in the company's current status.... in both scenarios I see longer M&A time but a good indication to hold another 10 months (by the current rate of cash burn .... it looks like that's their run way for now)....
I don't see them selling this year.... in any case ... they are a good company to hold .... the 43-101 is coming up .... let's see what happens then.
those of us who got in early are very cushioned by now .... I hope the delayed M&A won't cause a sell off .... patience with such a good company is needed now.