TSXV:TRL.H - Post by User
Comment by
knollon Feb 19, 2014 6:57pm
158 Views
Post# 22227460
RE:RE:RE:RE:RE:RE:RE:RE:Private Placement
RE:RE:RE:RE:RE:RE:RE:RE:Private Placement
I don't get the feeling this was about money. The offering didn't go public and infusing $10 mil now or later (say after a non approval) makes no difference since they already have so much invested here. In fact one would think it would be advantageous to wait. The share ownership percentages changed:
Melnyk hold 27% approx
First Gen 26% approx
West Face 15% approx
With “others” now falling to less than 29% approx
Don’t know what this means but I feel like I’m missing something. Be interesting to see if the share price gets support Thursday. This had the same feel as when it dropped to 33 cents or maybe I'm just thinking to much?