RE:Above 10 cents ? Medam21 wrote: Probably SP would remain close to 5 cents since PP needs to be raised and warrants to be issued.
this money is not due until end of July so I bet we see the stock jump to $0.20 or $0.30 next couple weeks and the money raised at that price...or a large shareholder step up with warrants at 5 cents and does a bridge loan
No one wants to be diluted here especially management. This is the first time in 6 or 7 years SNV will trade based on a Oil project that the company controls on their own. This is a HUGE win for shareholders
Monday we open at 10 cents and from there is all about the future