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eMailEdL

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Re: SooS416 post# 18915

Wednesday, 06/18/2014 12:32:38 PM

Wednesday, June 18, 2014 12:32:38 PM

Post# of 30964
It's not really putting the cart before the horse because the reverse would be announced with the SEA. It would create a selling frenzy. (if they are going to RS that is) If the SEA is announced W/O a RS, It will be lightning striking IMHO.

Currently there are 803mm and 246mm OS and FT respectively. It is aprox 30%. That's a big % of the co to give up. The smart financial move for them would be to RS, issue, than promote / road show to build liquidity and sell out their offering.

Again, I hope I'm wrong but that is the logical move for them.
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