The OK investor is not investing in LEXG. They are providing $5MM to White Top Oil presumably for a royalty, a percentage ownership in the oil field or a fixed return (like a bond) but the details are not out as they are between the OK investor and privately held White Top. This is not a price per share issue (White Top is private and LEXG is not part of the financing).
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.