RE:Question for the board members.....Doing the paperwork and getting approval to do a pp does not happen overnight. They may have filed the application on Jan 7th when it closed at 10c, who knows?? People that bought those shares can't sell them for 4 months after the date the share certificate was issued, so if it was trading at 18c when the pp closed on Jan 28, they would not benefit from that anyways. If you are correct that it was a "friends & family" pp, I would actually feel better about my investment because they obviously think (or know) the sp will be a lot more than 10 cents at the end of May when they are actually able to sell them.