RE:RE:RE:RE:RE:Chicken or the egg*savvy lol. an unfortunate word to misspell lol
AbNormAl wrote: Only know of a couple of reasons why they would rush a pp at the time of this limp share price. One would be to fulfil an expensive chip develpment obligation under an NDA as JCP mused about and secondly, if the timing was right for a strategic partner to take a position - this scenario was not alluded to at the AGM however, so I doubt that it is a factor here. Otherwise, what would be rush now? Granted, they do not wish to wait until the 11th hour to panhandle in the market, but six months out is not a critical "back against the wall" hour either. Based on the commentary of both JCP and PM, mgmt is fully aligned with shareholders and dilution will be done with the minimal possible 'damage'. These guys are pretty savy and level headed. Note the in the meeting there finance guy, Marc never uttered a word - hope he brings value to the Board - we'll see.