Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
6,611.83
(
0.44%
)
US TECH 100
23,540.00
(
0.00%
)
Dow Jones
46,669.88
(
0.36%
)
Brent Oil
108.42
(
1.26%
)
Bitcoin
68,526.06
(
-0.48%
)
News Focus
News Focus
Post# of 44324
Next 10
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

236T568

Send PM Follow Ignore
Followers 124
Posts 48952
Boards Moderated 0
Alias Born 09/06/2012

236T568

Member Level

Re: cowtown jay post# 4820

Friday, 01/22/2016 3:58:27 PM

Friday, January 22, 2016 3:58:27 PM

Post# of 44324
huh?

the private placement was allegedly completed BEFORE the halt in trading

furthermore, what prevents a company from issuing more shares in a private placement if its stock is halted?

nothing


He had control of the company prior to the PIPE.

The halt surely prevented delivery of the shares. I don't know how that progressed once trading resumed.
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today