RE:RE:RE:I have one problem... with the NREveryone knows reverse split is extremely detrimental to shareholders it is ridiculous to even suggest that.
Most of the $19M was in the money warrants and that is not consider net tangible asset. Regardless 1 person doing this PP in one shot w non broker fees etc...screams extreme confidence.
Long and strong HPQ!!!!!!!!!!!!!!
pennymaker69 wrote: If they want to be on the TSX then they should do a reverse split and move up the share price.
2 they said they had 19 million in an older news release so there was no need for the 5.
developbc wrote: pennymaker69 wrote:
So why they do a PP when 1) they said they are fully funded. 2) are just Any day now have a working reactor and would push up the price again... then you could do a PP at a much higher price. it's a bad deal for shareholders
It's small stuff like this that pisses me off.
Always posting nonsense FUD and attracting other bashers agreeing with you. HPQ is fully funded and add you can see in the news release the raise was obviously most likely to align as TIER 1 on TSX-V.
LONG AND STRONG HPQ!!!
Most Tier One companies must hold at least $5 million in net tangible assets to be listed.