PINL:GRPOF - Post by User
Post by
doubleLson Feb 08, 2018 4:43pm
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Post# 27529463
Inmed Private Placement ...
Inmed Private Placement ...
Thanks for the info about the above... Similarities in the offering being at below that days trading value (Inmed $.90 offering at $.75). The offering was for less money - about $2.5mm absolutely, but contained similar options for warrants (shorter exercise period of 18mth) and literally the next week saw an almost immediate SP skyrocket from about $0.90 to nearly $2.30. Now this occurred during the massive end of year spike that affected ALL marijuana related stocks so how much of that has to be factored out to get an idea of what we can expect...