TUO PRIVATE PLACEMENTTo Phantoms and others who "think" they know how the placement is going--don't start ugly rumours or they will come back and bite you in the you know where. I speak to the individual at TUO regularly who is heading up the marketing of the pp and there is no problem placing this issue. Firstly they have placed 2/3 up until yesterday and secondly more will be placed next week from what he tells me and I have no reason to doubt his word. Also keep in mind that the pp doesn't close until July 15/10 which is over 2 weeks away. I am also told that there is now institutional participation by 2 funds in this placement. The pp priced at
.45/unit with a full 2 year warrant is a giveaway even though the current stock price is slightly below issue--it DOESN'T MATTER with a company with so much going for it. Look at the longer term prospects--not the day to day ups and downs of 1-2 cents. The smart $$ should be gobbling up this pp--the Phantoms of the world will be as usual left behind with a few crumbs.