The 'plan' has another PP...FROM Stockwatch.....2009-10-02 16:11 ET - Private Placement
TSX Venture Exchange has accepted for expedited filing documentation with respect to a non-brokered private placement announced Sept. 16, 2009.
Shares: 975,000
Purchase price: 11 cents
Warrants: 975,000 share purchase warrants to purchase 975,000 shares
Warrant exercise price: 15 cents for a two-year period. If the company's common shares close at a price above 30 cents for a period of 10 consecutive trading days, then the company will have the right to give notice to reduce the exercise period to 30 days from the date of notice.
Hidden placees: eight
Finder's fee: Loeb Aron & Company Ltd. receives $7,507.50 and 68,250 broker options, each exercisable for one share at a price of 11 cents per share for a two-year period.
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Hope it's a payoff to "loyal" supporters.....before the run that we all know is coming according to Stan's plan? Probably is.... right? Do we actually need 100,000 dollars right now? Has to be a setup for someone and is likely a good sign???????