RE:RE:RE:RE:RE:Big FISH CIRCLING
cool. Didn't know that re: existing shareholders exemption. Can you post a link to source, id like to read more. $10,000,000 / $15000 = approx 700 shareholders. What price would you pay? $4? I don't know if many here would buy $15,000 worth at $4 when they could just buy on the exchange sub $3? It's pretty easy to get q $15,000 position in TUD, and if 700 were lining up at $4, our SP would be higher no? What would be the motivation to deliver retail investors a PP to TUD? By most of the gold fever longs here they have no shortage of "whales" lining up to invest. Individual retail investors bring no other value than $, and vote erratically. In my opinion, unless TUD has no other source of financing than a retail investor PP, what benfit would they have? I hope that management is trying to get smart $, not just $. The more I think about it, the more I think its a poor thesis (no offense). It likely would show weakness to the market and dump SP, unless they closed it at a premium, say $4, $4.50 etc. But to that, why would anyone wanting a $15,000 position pay a premium they'd just go to the store and buy open market To "reward" the investor is not a high priority. Our needs are nowhere near as important to them as as their needs, but to that end, their needs are aligned with ours. 1. Raising $ in a way that keeps WACC down 2. Developing and executing a successfully drill plan 3. Communicating this plan to new investor classes, and higher tiered investor classes Some things that they want that aren't always in our favor 4. Promotion ... this is different than point 3. 5. Special classes of shares, again, not always in our favor. Some things they want that are never in our favor.. 6. Fat options. "But how do you retain talent without fat options"? Thats easy to answer, just not easy to do, you have to turn your exex team into ownership that believes, that would be willing to do it for nothing, specifically that deliver 5X value for every 1X $ of comp or options