RE: RE: PP once the PP is announced and therfore approved by the regualtory bodies to be accpetable at the announced price, the stock can tank or take off like a rocket and it has absolutely no bearing nor the ability to retract the PP due to a drastic change in price one way or the other. Case in point, if you recall EKG was allowed to announce a strike price for their private placement way above their market price at that time.