Under the agreement for the S1 CPUS would have bought shares from PEII at a 30% discount of the average share price for the past 10 consecutive trading days. I believe Petron's last agreement was at a 50% discount. I'm not sure what the current rate is.
I do know that at this point it doesn't really matter. MM's are going to play the one tick flip game until no one wants to play anymore, there is a RS, or substantial oil production.
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