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Enterprising Investor

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Enterprising Investor

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Re: Enterprising Investor post# 105

Tuesday, 07/28/2015 5:30:19 PM

Tuesday, July 28, 2015 5:30:19 PM

Post# of 180
Rights offering was a failure.

Shareholders has the right to subscribe for up to 200,000 units, which would have raised a maximum of $20 million.

Only 10,822 units were subscribed. The offer raised a mere $1,082,200.

It will be interesting to see how many units, if any, the large holders purchased.

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International

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