RE: this now worth .125 centsJust because a PP closed at 12.5 cents, that doesn't mean that the stock is worth 12.5 cents. The deal was probably negotiated before the stock popped up to the 17-18 level. Typcially, accredited investors will buy at a discount to market price when they buy in private placements. I don't think that the PP will cause a major share price drop. It just so happens that those who bought in the PP got lucky and the stock popped.