RE:RE:CarefullThe current price has no bearing on the new issue price. If somebody wanted 50 thousand shares, sure you could get them below $.97 per, if you wanted 1 million shares you're paying more than $.97. The offering isn't for retail investors, it's for the deep pocket people that don't sit on a stock for years waiting for it to pop. They wait until they're invited in the form of a new issue of stock and/or debt. They'll hold the stock for less than 6 months and make 50%.
INMO