Re: why the manipulation
in response to
by
posted on
Oct 26, 2016 01:52PM
A very good and diplomatic reply Baba. Guess I couldn't get you rattled. I'm impressed. If it works like that as you say than Poet already knows what share price they're going to do the offering for and have known since day one, the announcment. Let's say they agreed on $.50/sh. The onus is on somebody to get the share price to that level? (Or they can't do the deal.) Who?
I don't like the idea at all but you can be sure that whatever the price it will be a pretty good deal to pick up shares at that price even though it could drop even lower.
We need all this stuff out of the way so we can move on. Question is does Poet really need the cash or does Poet really need to "pay off" the people who will help drive this higher?