Friday, March 06, 2015 8:09:00 AM
These are the facts (or myths, if so, please comment)
1. The PO was priced by Cowen, and not SLTD. It was done few days (or even weeks ago). Remember we traded in the .15-.16 range for a while? It was rightfully priced at 4.15 based on our January performance, I don't see an issue with that.
2. The company didn't "hold shares hostage". That's a most ridiculous claim. Seriously, if anyone still can't trade, dump your broker.
3. Based on responses we got from IR, SLTD had (!!!) To conduct PO on day 1 to meet requirement.
4. The new PR is aimed at new set of eyes. We all know those facts, most people who will start following SLTD now will learn something new.
5. The reason for PR ' S timing is very simple - they say they completed the offering - probably, finally got the money in the bank - so now it's the statement of fact. They could make this claim beforehand.
Again, if there is anything I missed, please correct me. Let's improve this list with facts related to uplisting/PO, perhaps, JN did the best he could in a given situation.
P.s. I believe at the current price levels with two subsidiaries and a ton of money in the bank for acquisitions + already listed on Nasdaq the company is better positioned for growth than EVER before.
Thoughts?
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