RE:RE:RE:RE:RE:Private Placement Oversubscribedhigherhighs wrote: You do understand the only reason a company would Amended a private placement higher is because it is "oversubscribed"
Your just another low life scumbag troll trying to twist the facts !!
Me twist the facts? Did you not even take notice of the 100% acquisition correction in 2011....I made for you??
Sorry Mr. Highs, but I really do not want to pursue this mundane argument of amendment, for I stated earlier that I was willing to take your word that the placement was oversubscribed, and you took it to the ninth degree! Pettie!
But back to the eight years it has taken to get to this point.....through the rise and fall of the best gold investing years ever! Yes, LAD ended up with a better acquisition deal, even with so much time passing and default. Positive point! BUT, New Carolin shareholders are going to amass something like 154 million shares/warrants oustanding.....with the vast majority of them holding a profit over $0.07/share. That is going to create mass selling pressure on the stock throughout the entire year.
For example, as one poster just pointed out, the company needs those cheap warrants and options to be exercised, in order to provide much needed funds to perform work on the project in the coming months......so as not to cause further dilution. For there will be very little money left from this proposed placement.
And I'm doing my best here to side step your insults.