InvestorsHub Logo
Followers 19
Posts 3820
Boards Moderated 0
Alias Born 09/23/2014

Re: Adrock post# 27549

Friday, 11/06/2015 9:47:39 PM

Friday, November 06, 2015 9:47:39 PM

Post# of 140474
Agreed, my take on it is that the demand for the shares and warrants is greater than the supply so they have agreed to allow Octagon to issue up to 15% of share offering in over-allotment. An interesting point on this release is that it is for Octagon only, not for the US private placement. IMO and from what i've researched, the private placement deal is potentially already done.