InvestorsHub Logo
Followers 26
Posts 2378
Boards Moderated 0
Alias Born 06/23/2005

Re: None

Saturday, 11/22/2014 8:26:11 AM

Saturday, November 22, 2014 8:26:11 AM

Post# of 18778
I suggested to Dan that they should offer a private placement with warrants attached. For example 1m shares for .02 (Based on today's price) with a warrant to purchase another 1M shares at .05 (just my guess) good for for 2 years. So if the stock goes to .10 the warrant holder could buy the shares for .05 and sell at the current market price. If the warrent is exercised the company gets paid .05 per share. Usually private placement holders are restricted from selling for at lease 6 months.

If anyone likes this idea please let Dan know.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.