RE: RE: RE: CRE Arranges Non-Brokered Private Plac
Yes it is good to see that they finally put issue price near the market price (Although I think it's a coincidence this time). Promoting new shareholders with cheap shares are indirectly a kick in the crotch of the old.
Now we are just trying to learn, the Board of CRE that it might be good if you anywhere in the document could give existing shareholders preferential to purchase these new shares: Unless otherwise To show the good will that you have a passion for the old shareholders. This is fundamental in all financial theory, it must be so hard to get it inside the frontal bone. (sorry I get a little upset).
The good news is that I probably do not need to worry about cash in the company for a few months. And the board can put effort into finding a bigger funder of this project.We all know that, this money does not solve all our problems, but we have a bit of respite to devote time to essentials.
Regard
Hovis