GREY:CIMVF - Post by User
Post by
osmosison Jan 10, 2007 10:20pm
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Post# 11991696
Private Placement
Private PlacementCQV has a pp offering open for .15 a share with a half a warrant attached for .175. This was recently extended for one month as it was not filled. There has been no press release stating that the pp has been filled so there may still be some available if anyone is interested. It is quite possible that the share price is being held down so the pp doesn't have to be repriced as pp rules require the sp to stay within a specific range of the offering price. They were trying to raise $1 million. Maybe someone who is up on pp regulations can comment.