Netcents Technology Inc NTTCF

RE:RE:RE:RE:Finanancing

[Dcowboy31]

CorporateRebel wrote:

dannyd9 wrote: Hi Rebel; i actually stated that the 35 cent pp is really not that negative in terms of dilution for a growing company. The size of the pp can be absorbed by the market without destroying the price. My actual point was that in hindsight the recent trading despite good news makes sense as those who were approached about the pp were able to sell their stock to replace it with lower price paper. I have been in industry for 30 years and see this all the time. The negative for NC is that it slowed the heavy volume as others who saw the price sinking also used measures like stop losses to bail. When investors in risky stocks see momentum wane they tend to have a very fast finger on the sell buttom. The positive is that most of the downside has already happened and NC will have some capital to improve on their platform.

ahh i see, i didn't think about the stop losses...

as you said dilution shouldn't be that bad, theres roughly 30 million shares outstanding, 700k at .35 is about 2m shares, so about 6% company stock was issued in this private placement.. 

You cannot set a stop loss on a CSE listed stock as a retail investor....