Post by
hk1966 on Feb 16, 2022 8:05am
New twitter post
Private placement fetching $6 million. Check out company twitter page
Comment by
13X2413 on Feb 16, 2022 8:14am
Good news yesterday did nothing. Not looking forward to what this news will do this morning. Hope it's not hammer time.
Comment by
Vikingstock on Feb 16, 2022 8:16am
Yes, shares at 30 cents and warrants at 37 cents. Smart investors won't pay more. Company needs $.
Comment by
13X2413 on Feb 16, 2022 8:34am
I guess it makes sense now. They were working hard to keep a lid on the stock price with this 30 cent financing in the works. It would have looked even worse with a stock price in the 50's.
Comment by
Trueblood on Feb 16, 2022 8:41am
Spoken like someone who knows nothing about the investment industry. Common for penny stocks to come in at a 20% discount. Hut recently did a private placement at over 30% discount and the stock doubled. Great that Therma has working capital to cover production and finally institutional interest. The beginning of something great