RE: RE: RE: RE: Next Tuesday... In any case, to do a financing around the same time as the previous financing shares become free trading is insane.
Crazy like a fox I think. I actually believe it is the perfect time for a private placement. Here is a scenario that might be playing out right now. Let’s assume for a moment that there is a big demand from investors to finance at the current price .50. If many of those that participated in the last financing were turned down for the current financing (because of the number of new investors wanting in) then they would be compelled to hang on to their shares. In other words the typical activity of investors from the last private placement selling their shares to access funds to participate in a new financing at the current price (with highly sought warrants) would not exist. The people who participated in the last PP would be compelled to hold their shares and wait to take profits. A lot of shares became free trading today. Where are the sellers? There are none just a lot of traders like baggie who think there will be a massive sell off with the shares that have become free trading. But I believe they have put together the above scenario and we will be moving higher very soon.
Brant is buying big today. I believe they know that this opportunity is not going to last long.