RE:Private placement
ewandf wrote:
no one has talked about a pp on this board in quite some time, but someone brings it up as fear mongering. Is he/she/? referring to another chatboard where they have had multiple nics banned?
Steve told everyone in a private group that he'll be loaning the company money in the form of a convertible note. I suspect he'll be bringing the SP down more so he can get the most shares possible when he converts the notes into shares and sells them in the open market.