RE:RE:I'm long for pyd - GO PYD !I think the financier that bought at 7 cents knew what he/she/it was doing. Otherwise, why would he/she/it acquire 175,000,000 shares at 7 cents ? Nobody in his right mind would finance $12.3 mil to lose. Somebody who writes a check for $12mil does a thorough analysis before jumping in no ? Those people are not dumb and I don't think they would give away $12mil as Santa Claus ??? For us there is no other way but to wait for Q4 numbers. Q4 will decide the fate of this company.
Shares issued through C$4.6 million private placement 66,073,284
Shares issued through C$7.7 million prospectus offering 109,546,000
Then again, no loan would be given to a failing business.
On November 27, 2015, Poydras announced a four-year US$4.0 million1 loan package from PDS Gaming