RE:RE:RE:My best advice tamaracktop wrote: But approved this one.
I think the company thought "regulators be damned" and went ahead and did it anyway out of desperation.
I'm not entirely sure that they've gotten away with it.
They couldn't do a financing without announcing it.
That would be an egregious breach even by their standards.
I doubt we've heard the end of this.
Tamaracktop, you sure no nothing... This is a regular plain vanilla PP for accredited investors... + Friends and family.
The only thing they use to postpone the other one was the 12-month cash availability rules associated with the prospectus waiver.
This time they're no such rules, the regulator doesn't really have anything to say about it...
If anything the AMF is the one with eggs in their faces... they block regular investors from participating, leaving the reward of this PP to the CEO and the lucky investors.