RE:50 millions sharks shares...Good points wildbird, also
With the PP the new shares have a four month hold instead of tradeable shares from day with the LIFE financing. This alone will take the wieght off the share price and will remove a lot of sellers trying to get their money back from LIFE and just holding thier warrants.
Another thing is the fact many were selling shares to buy into the LIFE but will now not Qualify for PP accredited investors subjects, so this alone may bring those investors back to buy their shares back on the open market for fear of missing out.
Looking forward to the months ahead.
Cashascars