RE:RE:RE:2.5 Million Rights sold today
There is no volume. The only way we will know is a PR from SUGR teling us how many units were purchased. That lets us know how much dilution there was, and the state of the financing. I can't see anyone jumping on board to buy shares at .055, because they found out that they missed the units (with the shares and the inferior warrants) for the same price.<b /> A sucessful 1st crop is what we need to move us up. I think the 1st time the units will have any effect on the SP is when they are able to be traded after 4 months. I expect to see a drop then. Other than that, the only other effect has already happened - the existing shareholders selling shares for .055 so that they could buy units, which dropped the price from .06-.065