At stock price of 0.0099, I am sure no investor(s) will want to participate in the PP at $1 unless he is a big investor who wants to have a good pie of the company (21%). Now how can the company make it an attractive deal (PP @ $1) is to start releasing some juicy news such as new contracts, followed by substantial share price increase. I highly believe that PGCX will follow this route, especially that the MMs can easily move the stock price due to being traded on the pink sheet.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.