Saturday, July 26, 2014 2:26:27 PM
What harm would another round of promotion do in order to boost market capitalization and secure more favorable lines of credit to fund future drilling initiatives? Perhaps this was taken into account when management dropped the $8500 on the GB promotion. Assuming an artificial lift in PPS secures lower lending rates by venture capitalists, over an extended period of time this could be viewed as money well spent.
Another viewpoint is the promotion goosed PPS in order for insiders to sell at a more favorable price, although I do not see any SEC filings that would indicate this has occurred.
Just my thoughts on the matter...
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