RE:RE:$3.70 Bought Deal
The key is what the proceeds are used for. The press release gives a good idea. We want a growing company to be opportunistic in a down market. This is what a young growing company does; not hard to predict. They will be strategic in the use of the funds and in a few years with some great acquistions under our belt, no one will regreat this. Raising funds was not necessary, and only being done to take advantage of opportunities in a down market. Just my take, but of course you can suggest the company is deliberately taking us down the tubes and executives lining their own pockets, etc., heard this all before; we did financings early on at much lower share price levels, and thank God we did.