RE:RE:RE:PYR expanding facilities?Don't know if things have changed but once upon a time to take part of a pp you needed to be an accredited investor or minimally had access to the right connections to get a piece. So, it can be difficult or impossible for some.
I purchased my shares at market prices without any discounts or sweeteners because I had fatih in the company.
Yes, repricing warrants and extending terms is a common occurence. Many companies fail to perform as expected during the original placement. Common occurence does not mean that it is a good practice.
You can spin it as positively as you like but I would say that raising money at a higher share price is better for all the shareholders except for those that are participating in that offering. Feel free to openly state your disagreement with this view.
kjs4381 wrote: Mostlyserious wrote: Makes total sense. Reward those that have access to better deals than retail.
When the wealth from Plan A doesn't pan out, come up with Plan B. Plan B for retail is to average down, which is also available to "qualified" investors.
I'm a retail investor and I've taken part in pp before. It's not difficult. I don't see a problem rewarding investors who had the faith in the company to take part in a pp. Companies reducing the price of warrants or extending the expiration date is actually a common occurrence .