GREY:OLEPF - Post by User
Post by
frankmanon Feb 07, 2013 2:19am
212 Views
Post# 20950393
OLE dips into it's credit line and dilutes 750k sh
OLE dips into it's credit line and dilutes 750k sh They borrowed from Sprott at 12% per annum $1.8 mil compounded and payable monthly. Sprott was also issued 750,000 shares at .75, with 375,000 held in escrow (coming soon {4 month hold period] to a sell side near you). Now you have an idea why share price is is at this level.