RE:PerspectiveCannacord is brokering the deal, it doesn't mean they are buying any of the shares. They will either get paid in units or cash. If it's cash, you'll know just how they actually feel about N's future... we'll find out when it closes what the terms are... unless someone gets a term sheet first and lets us know but that's typically only available to accredited investors (yes i am one, no i'm not buying) SP will dip far below so i don't see the value in locking my money up with this.
Stalkhouse wrote: While all we'll hear for the coming hours and days is dilution dilution I think it's relevant to point out that a decision was made to committ $20 million dollars into N's future. Last I checked instututions generally don't give their money away so they too see the potential here with N...bashers are just mad they can't rag on N running low on cash for a few quarters now...perhaps we're closer to profitability than we think, especially if a license comes in after hours. Likely see a short driven drop in SP but a rebound before end of day as no sane short would risk being caught by a license announcement