RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:PriceMethod wrote: Tell your friend to go on SEDAR, the ATM filings are there for every month. The next one will be in the first week or so of August.
If he likes the story and is worried about capital raise, then it makes sense to own FIRE.DB instead. Maybe it ends in equity but it will be after the dilution so you will end up owning a lot more of the company with debentures at 26 cents on the dollar.
Bever73 wrote:
vulcan123456789 wrote:
your wrong bever. leave it to you lol.. may take a few days but always got a response
Ok perma bull- its been 9 DAYS! ....my buddy sold his position because he did not get a response. His question was simple....how much of the 9.75M atm program has been sold?? ....he is worried about the need for a capital raise and postulated they may have sold some.shares when this thing tanked from .40-.22. But he sold...
I think you are right ...only way to play this stock....maybe common shares after another Q once the debt visability is taken care of....i see huge dillution coming at .20 or .15c ....depending on how well they managed the bleeding. If they are not issuing shares with the ATM then that speaks volumes...(why announce if your not gonna do it) ...anemic volume and sudden drop from .40 speaking as well