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Re: AugustaFriends post# 381281

Thursday, 02/09/2017 5:15:04 PM

Thursday, February 09, 2017 5:15:04 PM

Post# of 721109
$CETXs, from their recent 8K:

"On February 2, 2017, Cemtrex, Inc. (the “Company”) completed the final closing of its rights offering of units consisting of shares of the Company’s Series 1 Preferred Stock and Series 1 Warrants, raising an additional $456,880. With the final closing, the total subscription proceeds received by the Company in its rights offering and related standby placement amounted to $14,018,750, before payment of the dealer-manager fee and other offering expenses."

$14,018,750 - $456,880 = $13,561,870

So I'm going with $$$ right now unless someone proves it was shares. Doesn't trade like 13.5 million new shares were dumped on the market though...


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