Yeah PP's and options are both based on the stock price over a certain period of time. Cant remember what the time frame is but it I think is the last couple of days. And usually the price drop is is usually done to make the PP sweet for the subscribers. Means hitting the bid with bunch of shares to knock it down then halting it. Then the PP is done and begins trading and usually the placees will buy up more stock which causes the price to rise. Is also good for the company cause in the case of lower priced stocks there is also a warrant attached at a slightly higher price. Therefore if the PP is done and whatever say 4.25 with an option to buy the same amount of stock at say 4.75 so therefore the company gets double the amount is the stock price goes up over that figure. Anyway we cant buy the PP but we will still profit from it in the long run. Like my reply to Brym is the shares are diluted by 15 percent and the stock double it wilol only help my pocketbook