RE: Can't Fill Private Placements?Good comments Knowl. I think that the company was approached to do this placement by some bigger players that wanted to get a position. The company certainly did not need to raise this money to do its pilot production plant. The cash on hand and upcoming warrants have that well covered. Methinks that they may be looking to add to their already substantial land position. IF that is the case, this stock is headed a lot higher, in my opinion.
Patience! Ya it's tough at $7.00 when there are all those other tempting seemingly pretty girls to chase. Don't lose sight of the fact that SPI is a true beauty!!!!