GREY:MPRXF - Post by User
Post by
ERealon Feb 23, 2011 2:41pm
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Post# 18181749
The Question Is This
The Question Is ThisThe financing is supposed to close "on or around Feb 24" which is today. Is the financing, which is now at a 33% premium to the share price, still going to close? If not, or if the terms have to be renegotiated, it is going to cause major problems for the company and for us shareholders. I think that they should just close the financing at the original price, since they had enough faith to invest $10 million to begin with, and with that vote of confidence the share price will probably quickly rally to .80 and above.