RE:The financing is a non-brokered placement
Companies don't tell you how much is subscribed or else everyone holds back if the sub % is low because the sp will drift and the pp will be repriced. All they will tell you is if there is room for your order.""""""""""I saw a nasdaq company that said it would have a closing in 1 week from the nr. It ended up going from $1 to $.32 in 2 weeks when the sp dived quickly and the financers pulled out and it had to be repriced to the same guys. Hardball .''''''''''''''''''''''''They don't list closing date so don't have any big deb holders in the bag or would have set closing asap.