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Re: Terpene post# 70

Thursday, 06/22/2017 1:36:19 PM

Thursday, June 22, 2017 1:36:19 PM

Post# of 192
They have to put a par value. I would doubt we ever see sub penny here, but if we did because the company failed, the stock they are selling would be good to .0001. The offering is to raise $15 million dollars. so if the price of this stock went to $5.00 it would take them to sell 3 million shares to make 15 million. They have till mid October to raise these funds before this offering ends. More then likely there will be institutional buyers buying many of these, and shares that sell at various market prices from now, until they either make 15 million, or mid October which ever comes first. Hope this helps you