Post by
ORBnewbie on Aug 21, 2014 10:12pm
So what does this mean for us?
I may be stupid, but what does this financing that was announced this afternoon mean for us common shareholders?? What will the price of shares be doing in the short term? Is there major dilution to come? Will we see a major hit over the next week? Sorry to ask what might be obvious questions but the short term consequences of this announcment have me a little confused.
Cheers.
Comment by
IoftheLynchMob on Aug 21, 2014 11:43pm
newbie, you probably should invest elsewhere if you have an aversion to repeatedly bending over and grabbing your ankles. In a nutshell, it means the company wants to give away up to 25 percent of your current Bioniche holdings. Beyond that, it doesn't really mean much.