RE:Going to open down at 0.18....."IF" the PP closes at 18c, that will be great. Don't count on it just yet though.
I own this and TNG among many other stocks.
TNG announced a PP at 25c and it ended up closing at 21c because of the games brokerage #1 Anonymous played with the price. Still it closed at 21c and week+ later is now bouncing between 18-19.5c. You figure $4.6 million raised would of giving some confidence....... nope.
PP's on the venture have seemed to have a negative impact on the stock price as of late for more then a few companies.
I wouldn't expect a $1.5 PP to boost anything here.
Next news release will make this rocket and no matter how long that takes, i will be holding. :)