******THIS IS WHAT I KNOW******Yes this is coming from me the guy ( ME ) who dropped the news about the PP was coming. I personally know people that were offered and ask to participate in it and are passing. These are accredited investors who usually put in north of 20K each. The reason they are passing is because there is a bit uncertainty right now about the way things have been handled by management and the way the stock has been traded.
There’s no point of tying your money up on a PP and having to wait 4 months to trade when chances are you can basically get it for the same price on the market and having it free trading. Yes it’s still at the .40 but and .32 looks like a good deal but the majority of people think it’s still going down close to the PP price and maybe below. Shorters beware!!
Now on the other hand I know a few that love this PP because of the price, they believe in the company and know there is money to be made in the long term ( patience needed ) plus they love the warrants. So there you go – People on both sides of the fence looking at the same thing but with different opinions.
My thought aren’t to influence or manipulate the stock – just sharing the info out there that I’m picking up. Use the info and make your own decisions.
Good Luck ALL