HPQ Silicon Inc V.HPQ

I have one problem... with the NR

[pennymaker69]

So why they do a PP when 1) they said they are fully funded. 2) are just Any day now have a working reactor and would push up the price again... then you could do a PP at a much higher price. it's a bad deal for shareholders

It's small stuff like this that pisses me off.

[TT4Life]

This post has been removed in accordance with Community Policy

[pennymaker69]

Not true. But your trying to make it about me instead of my 2 points.. Which are fair. Try commenting on those. Cause at the AGM I am going to wonder why they did this when they where 'fully funded' on the VERGE of having the news of the plant being done.

[wood56]

I agree with you 100% Penny. Bernard said they are fully funded to advance all projects they are working on. I want this as much as anyone but agree it's all this small misleading stuff that erodes confidence. Tomorrow is the last day of the 3-4 weeks announced by Peter (April 5) to complete commissioning of the QRR. Make no mistake tomorrow will also pass with zero explanation once again. Why

[developbc]

Always posting nonsense FUD and attracting other bashers agreeing with you.   HPQ is fully funded and add you can see in the news release the raise was obviously most likely to align as TIER 1 on TSX-V.  LONG AND STRONG HPQ!!! Most Tier One companies must hold at least $5 million in net tangible assets to be listed.

[Oden6570]

I may be wrong however I recall a while back Bernard stated that HPQ would entertain a 3rd partner ! Hpq + PYR and ? Perhaps the PP signal's things heating up on this front.

[pennymaker69]

If they want to be on the TSX then they should do a reverse split and move up the share price. 2 they said they had 19 million in an older news release so there was no need for the 5.

[Breizh1]

Your message is very accurate: «they had 19 million ...» Well, they have seen all these millions disappear. So, they have to raise more funds. Like every year, you have to put seeds in the ground.  And hope it multiplies. .

[Pandora]

  HPQ-Silicon 6.8-million-share private placement   2022-05-03 16:40 ET - Private Placement   The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement.   Number of securities:  6.8 million common shares Purchase price:  53 cents per common share Warrants:  6.8 million share purchase warrants

[developbc]

Everyone knows reverse split is extremely detrimental to shareholders it is ridiculous to even suggest that.  Most of the $19M was in the money warrants and that is not consider net tangible asset.  Regardless 1 person doing this PP in one shot w non broker fees etc...screams extreme confidence.  Long and strong HPQ!!!!!!!!!!!!!!

[patience123]

I highly doubt the guy that just dropped 3.5 mil was dumb enough to have walked into a reverse split situation on a penny stock.  I would guess they are well informed on their investment.