Monday, July 03, 2006 11:00:49 AM
They have done an errow. They know that they don`t need the 500million in future and if all bad things will come true they have always the ability to adjust this further. The 500million possibility has destroyed the share price of IPRE and thereafter financing will become more difficult with bad conditions for the existing shareholders in future.
A simple PR will done the work and the market cap will be 10.000.000 USD. That is fair.
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