RE:RE:NEWSi'm not too happy about this news myself.
I'd rather see insiders participate in at least 80% of the PP.. (put your money where your mouth is).
As for selling 4MM shares to participate in PP, That means whoever buys at the market is essentially helping the insider to reinvest it back at 10c.... wouldn't that means it makes sense for the market prie to be at 10c because if insider sell at 11c.. then buy back at 10 + warrant.. they would be at a gain?