GREY:CCTXF - Post by User
Comment by
ctblizzardon Aug 04, 2017 6:55pm
47 Views
Post# 26550025
RE:RE:RE:0 volume
RE:RE:RE:0 volumeWell there needs to be some discount for the holding period (4 months). Stock you cant sell is worth less than stock you can sell anytime.
But perhaps the terms were an early estimate and things can change.
A PP at 10 cents with 15 cent warrants would be good and cut down on the new stock issued.
Who knows at this point. One thing I do know is someone thinks its going up from the 2 to 2.5 range to over 5 or they wouldnt be plunking down money at these levels. Lots of people placed in this on the way down.
No news flow and little cash. Turn those things around and we will get there.
525k is not a lot of money though.
If we hear nothing at least in 26 more days or so we will have annual financials and and MDA to look at.