RE:RE:Looks like PTK is asking for $300k USDRaising $300M USD when the current marketcap is $378 USD would be quite an accomplishment to be sure.
The offering price for a short form prosepctus is no less than 10% discount to the SP on the day before the news release about the prosepctus.
SP is heading back down now, so I would expect a NR soon. Likely this week IMO.
wintersun10 wrote: Not overly surprising.
Nasdaq by whatever, was going to include a fundraiser.
So, getting ready for Nasdaq?
Also if you believe you can be a billion dollar company on hardly any working capital, think again, not gonna happen.
So, growing pains combined with delusional Fantasy Landers are good for another sell off.
It does not matter, Poet is on a path and they seem determined to work their plan, rather than manipulate the share price.
Its all good and should have been expected.