GREY:ARGEF - Post by User
Comment by
pleazu69on Aug 24, 2017 8:44am
113 Views
Post# 26615784
RE:RE:RE:RE:RE:Thread
RE:RE:RE:RE:RE:ThreadAstrosmith wrote: I expect they were under pressure due to compications getting the 0.075 PP to be fully subscribed. This appears to ahve been a way to avoid large dilution but still bring in enough operating cash to get us to the next milestone (whether that be the 3.5mm PP closing, or other industry/technology validation).
We can at least rest easy knwoing the bills will be paid and the work keeps going for the next few months, and await the news.
Not that any of us wanted another curve ball at this point.
However, cooler heads will prevail until we know more. The heat is off temporarily.
Its next to impossible to gett a PP filled 50% over the market price when MM's know you need the cash and when people are more than willing to sell millions of shares .055 and lower