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crossbow

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crossbow

Re: Pro-Life post# 105

Monday, 01/31/2011 7:47:13 PM

Monday, January 31, 2011 7:47:13 PM

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The private placement was a sweetheart deal at .165 per unit. A unit consists of one share of common stock and a warrant to buy another share of common stock at .22 per share before October 29, 2012. The terms were very favorable to those who participated. It brought in $2 million. The warrants will bring in more than that, but they will dilute the current common stockholders share in the company.
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