RE:RE:RE:RE:RE:28 million dollars Caribbeanman wrote: Unfortunately, it wasn't well written up in my opinion "Protecting shareholder value" How does the issue of more shares at 15-20% discount with 50% warrants at 50% overpricing protect shareholders? It's no different than doing a private placement except that it's closed to the existing shareholders. The only benefit I see is they can get quick money and not have to engage a broker house with their fees, and delays in closing. Maybe they think they'll need money quick. Like to cover month end costs as they ramp up
This is quick financing for you know what!! Watch and see this get back to $1 today or tomorrow...