Do the math!!!!!The broker admisible Sell 300K @ .10 and buy 600K @ .05 in the private placement. Now they have the big NR and the price go up to twenty cent. They take the 600K warrant @ .10 and sold right after that....!
Bying price $30K for 300K shares
Selling price 600K @ .20 for $120K
Selling price 600K WT pay $60K sold at .20 for $120K
For $90K invest they sold for $240K Net profit $150K
This is an example but it's possible and I think the share price stagnates because of the private placement.
I hope the private placement will close soon,,,,!
GLTA
Raypar