GREY:ISOLF - Post by User
Comment by
HonestAbeon Dec 20, 2017 1:07pm
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Post# 27197402
RE:RE:Disappointing
RE:RE:DisappointingI am saying I am disappointed in management selling out at such cheap discounts to cater to the whims of certain high profile individuals. ISOL realistically could have issued a brokered PP deal at $1.50 open to joe public and easily raised the $20m or $30m they wanted, and without any warrants. Demand and interest for this company is suddenly there and they have an interesting story to sell. No need to unnecessarily dilute so excessively to the detriment of shareholders. When all the smoke clears in the next year ISOL will end up closer to 400M shares outstanding fully diluted, which dramatically lowers the maximum potential upside.