Caveat Emptor!It's all about that filed supplement to the $100 Million final base shelf prospectus, which could be announced at at moment.
Who wants to purchase shares at today, especially when such massive dilution would likely push the share price down to $0.09 and perhaps much lower.
Caveat Emptor!
I will tell you that any continuously ongoing At The Market type of NGC equity offering being pursued would have the share price being annihilated and taken down to $0.09 or much lower for much longer.
I'll reiterate in saying that At The Market type equity offerings are invariably attracting of predatory type investors who would be enabled to drive the NGC.V share price down and keep the share price heading lower for longer, this whilst knowing that NGC has little other choice than to continue raising the capital NGC immediately needs by way of such At The Market equity offering.
NOTE: This would benefit "The Missionaries On Assignement" and/or their lieges, i.e. interested parties who would be seeking to incrementally amass more of an equity control interest in NGC and immensely discounted share price points, so as to have the remaining company assets under their collective control and so as to shift, shuffle and deal such assets away to privately arranged for and designated parties.
Should this management team try shifting, shuffling and backdoor dealing away for themselves and their business associates some of or materially all of the assets of the company . . .
Suffice to say there is already somebody else waiting at the back door with . . .