OTCPK:MEAOD - Post by User
Comment by
trivelaon Aug 28, 2015 10:05am
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Post# 24058987
RE:MTO Oban Sandstorm...
RE:MTO Oban Sandstorm...
Calm down. Sandstorm does not have an extra $150 million. They made a shelf filing, meaning that they have given notice to regulators that they might, over the next 25 months, issue a number of securities to raise cash up to that total amount.
They have not raised any new money yet, and if they raise, it could be a much smaller amount.