PINL:GRPOF - Post by User
Post by
Pumper4Lifeon May 25, 2020 1:51pm
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Post# 31069669
After an RS
After an RSLets say there is a reverse split of 20 for 1
share price will be 5$ is the shares are trading at .25
now imagine doing a private placement for the same amount of shares we just did for 9million
35million shares x $5.00
That would be a $175,000,000 raise instead of $9,000,000
that would be similar to what another pharma is raising (Reata Pharmaceuticals) (RETA on Nasdaq)