Ocean Power Technologies Inc (OPTT): When you see this.. FORM 424B5 Beware...

Reply Private New

Next 10 Prev Next

Send PM Follow Ignore

Followers	29
Posts	5254
Boards Moderated	2
Alias Born	07/18/2003

zsvq1p

Re: None

Tuesday, 07/22/2014 4:04:45 AM

Tuesday, July 22, 2014 4:04:45 AM

When you see this.. FORM 424B5

Beware.. that is a good time to sell..

http://www.sec.gov/Archives/edgar/data/1378140/000143774914006184/optt20140404_424b5.htm

As of February 28, 2014, the number of outstanding shares of common stock of the registrant was 13,755,519.

June 30, 2013 was 10,355,140.

Of course they already had the shares at that time is my bet... and like I said, I have no idea how they move it.. but they do.

I suppose it was the "Grant" PR.. I wonder how much the politician got?

Just classic.. Just classic.

Congrats to all who could see it.. and well, sorry for those who lost.. but you learn about these convertible debt deals with questionable products to pricey for the market or "dream" product.. It is very rare a dream product is.. legit.

thing is.. They have more to play with!

Common stock to be Outstanding Immediately After this Offering
17,555,785 shares of common stock..

It might just pop one more time?? I have seen that happen too!