Saturday, August 22, 2015 7:40:50 AM
Waited till Friday after hours, kinda like hitting you in privates when you least expect it. That's the way MSTX works."
Geez man, were you not on the CC or paying attention? Brian laid it all out in great detail. They are simply resetting the ATM, like they did the Shelf recently.
"The ATM also offers a company superior cost of capital in terms of both dilution and fees. Currently, there is approximately $12.5 million available under the ATM program. However, our current shelf S-3 is expiring and we intend to reset our ATM, when our new S-3 registration statement goes effective later this month. I want to point out that the company sold approximately $15 million of stock last year at an average price of $0.74 with no warrants, terms superior to our last financing"
http://seekingalpha.com/article/3436726-masts-mstx-ceo-brian-culley-on-q2-2015-results-earnings-call-transcript?part=single
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