Private PlacementI have been researching these guys, BMG.A and TGM. I like this one because of the current price and the following:
There are three new developments (rumours).
1)Have heard that a broker in VCR is get set to do or has already arranged some kind of private placement in the $ 1.50 - $2.00 range for sometime after March 1. The less stringent private placement CDNX rules take affect after March 1!
2)I also heard that a large North American distribution deal they have been working on for almost a year will be signed in March. Maybe after the private placement?
3)They have number of smaller but significant deals waiting in the wings to support the private placement price.
Looks like their may be another upside on its way.