Anvil...They happy with 0001 shareprice...they promoting and have been promoting this at 0001 for 4years....0002 would be a bonus.
One holds or buys more at 0001 is the game plan while they dump at the promotion price of 0001.
The 5K Letter said it best Buy/Hold and not too late to buy if you don't hold the paper..
The funding is a secret...they getting money and they don't divulge the details of the money they borrowing and how they spending it.
They spending plenty time and money for the past 4years on promoting and getting 0001 buyers...and it's not to make strangers money before themselves..yet some targets beleive they will make 5-10-50x return before they sell on napkin...that tooo funny
Private Investment in Public Equity
The form of equity financing in which a private investment company purchases a certain amount of stock in a publicly-traded company at a discount from its market value. Publicly-traded companies commit to PIPE in order to raise equity without going through expense and regulatory issues involved in making a secondary offering. This form of financing is popular especially with small and medium-sized publicly-traded companies, as they often lack the resources to raise capital using other methods.
There are two types of PIPE. A traditional PIPE allows the private investment company to simply buy stock in the publicly-traded company. This is a direct form of equity financing. A structured PIPE, however, involves the publicly-traded company issuing a certain amount of convertible debt. This carries less risk for the private investment company and does not dilute the publicly-traded company's shares outstanding, at least not immediately. See also: Venture capital.
Farlex Financial Dictionary. © 2011 Farlex, Inc. All Rights Reserved
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private investment in public equities (PIPE)
Private equity deals in which major investors purchase substantial amounts of the stock of public corporations, generally at significant discounts to market prices. PIPEs are especially popular during periods when financial markets are difficult to tap for public funding.
