Alabama Graphite Corp. Com ABGPF

RE:A repost of my thoughts on the recent PP....

[Rick2012]

Oversubscribed by definition means above the original, the extra 16,745 units at 15 cents with warrants at 20 cents means extra $2511.75 now and extra $3349 if warrants exercised.  Total of $5,860.75 

In terms of insider participation, the original private placement announcement was that there was insider support.  The fact that it closed before the next business day from announcement for over $700,000 to me is unbelievably positive.  Whether it was insider or from someone that lives in the Arctic with no affiliation with the company whatsoever, someone or some people believes enough in the company to fork over over $700,000, think about that.
Then go look at how long it takes some other companies to close on a private placement after it is announced.