Re: Public offering vs private placement

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wake

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Re: Public offering vs private placement

in response to

Re: Public offering vs private placement

Heinz44

posted on Oct 28, 2016 06:12PM

An alternative would have been a Private Placement available to existing share holders. I'm sure many would have jumped at a chance to buy in more at $.70ish with a warrant attached.

Management could have cancelled the offering, I guess we will have to wait and see who bought and why we needed the money so fast at such a cost to it's existing shareholder base.

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