Private placement I anticipate Friday or Monday we might be hear about closing of some or all the PP.
And then this flipping of SBM for half a cent will stop. I will try and call company and see if they have price protection on the PP and report back.
I'm guessing very soon some big players will step into this market and start cleaning this up and then there will be a few folks chasing this. I've managed to add another 200k at these levels ,because with all that SBM has going for it and the confidence of the big boys stepping up and taking a large chunk of the PP next couple months look promising.
Wj