GREY:EDYYF - Post by User
Comment by
Bobbyryan6on Jul 17, 2018 11:58pm
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Post# 28331025
RE:RE:RE:$1.666 million Private Placement Completed at 5 cents/share
RE:RE:RE:$1.666 million Private Placement Completed at 5 cents/shareVery true, as both dilution and "anonymous" are clearly the biggest enemy of this stock over the last 2 years .
However, as disappointed as i am, if I see any kind of a silver lining in this it's that this is an unbrokered PP. This feels to me someone or a small group of someone's put up the 1.6 million to get involved in this play. I'd also assume it's highly unlikely they layed down this kind of cake without the opportunity to have a long look under the hood so to speak. This is not the kind of money you'd put up without being privy to something imo.
Could be wrong of course, but you wouldn't get my 1.6 (Not the I have that of course, lol) without seeing some very concrete signs of where this ship is sailing to. Imho of course.