Is this not the impementation of the already annonced $3M offering, or is this another new raise? Seems odd they would do back to backs.
Looks more like the partiicipants trying to get the pps as low as possible on the day of execution to lower their price point, as it is dependent on the price the day they buy.
Anybody get clarification from the company? Sure looks like a buying opportunity given all the events unfolding, and this isn't even that large of a raise.
My guess is that the investors get fully positioned prior to the MOU being finalized, then ride that wave up, but we shall see.