RE:This Is All NonsenseDon't get me wrong. I am long on BEW but now realizing a company is as good as its management.
When you select an agent to raise fund and decide price, you know that agent has potential investors lined up to subscribe at that price. For God sake it is only 2.5M and company/agent failed to complete the deal.
If BEW fail to raise the fund, it will be first company I ever invested and failed to raise the fund in private placement.