GREY:RPBIF - Post by User
Post by
Hurting20on Nov 23, 2004 9:33pm
105 Views
Post# 8218122
The obvious question
The obvious questionWe all know the warrants are considered a bonus so why would anyone participate in the PP at .80 when
1. we don't know what the strategy of the company is
2. we don't know what the money will be specifically spent on most likely no matter what is said it is an increase in salary
3. no explaination of shortcomings in their own sales guidance
4. the deep pocket investors no longer are hungry to pick up the stock....more proof something is amuck
Most likely this offering will be repriced.