RE:Financing disaster
Goldziggy wrote: Wow did they ever screw things up with that last financing. Not sure anyone can screw this up so bad even if they tried. This was trading at 6.50 to 6.80 when they announced the financing.
Total destruction and trading below 5$ hahaha what a joke
The company got 8.00 per share so that wasn't the disaster The disaster is on the secondary sale The actual charities that are now selling them .management shouldn't of let the offering go through until the.
issuer had sales lined up to take the shares at the 5.68 on the charity side of the sale now we have 6 mil shares to get eaten up by the market minus what Eric took and what has now been sold
If this was all done together and all the buyers where lined up it would of been a blip and we would be above 6.50 now but this is all water under the bridge now
We have a great deposit that keeps growing and eventually we will all be rewarded
I do expect the small gap at 4.90 will be filled and then we will move above 5.00 to 5.25 once it is
6.30 will be in play again once that happens for those that can this is a great buying opportunity