Thursday, November 13, 2014 10:38:45 PM
I received the amended copy of the prospectus today and that was before the carnage that we saw in the market today.
In that they had mentioned that they would now be reducing the amount to $9 million but they had also mentioned that an existing large investor (could be Crede ) has agreed to pick up stock worth $1.5 million, which could also go up marginally.
This could be one of the reasons for the reduction or else it might be just what you say. Window dressing.
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