Comment by
neil111 on Aug 15, 2012 12:05pm
they might have to re-priced it may be @ .10 who kknow based on current market condition
Comment by
fattail on Aug 15, 2012 12:33pm
Because you are not selling at just $.20. You are also receiving a free warrant for a half share exercisable at $.30 for 24 months. If sp goes to $.40 say, then PP investors will earn $.25 whereas someone at $.19 would only have earned $.21. That's nearly a 20% improvement on your return.