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Re: wetcement post# 62447

Tuesday, 07/08/2014 2:28:35 PM

Tuesday, July 08, 2014 2:28:35 PM

Post# of 290030
$50 million is a lot of money. An unusual amount for a penny company to try to raise. Even spread over three years, the offerings would like have created a great deal of dilution.

Perhaps Peterson is considering another way to raise cash, though I don't know what it might be.