DryShips Inc (fka DRYS)

[Burnt before]

I see it as a great news.

Like having money for the operating expenses.

Investors will keep pouring money in this sector.

24 months, not 4 weeks.

Pretty sure he said the same thing last time LOL
http://dryships.irwebpage.com/press/dryspr122716.pdf

December 27, 2016, Athens, Greece — DryShips Inc. (NASDAQ:DRYS) (the “Company”), an
international owner of drybulk carriers and offshore support vessels, announced today that it has entered
into an agreement with Kalani Investments Limited, an entity organized in the British Virgin Islands
(“Kalani”) and that is not affiliated with the Company. Under the agreement the Company may sell up to
$200.0 million of its common stock to Kalani over a period of 24 months, subject to certain limitations.
Proceeds from any sales of common stock will be used for general corporate purposes.

5 weeks later

January 31, 2017, Athens, Greece — DryShips Inc. (NASDAQ:DRYS) (the “Company”), a diversified
owner of ocean going cargo vessels, announced today that it has successfully completed the previously
announced $200.0 million common stock offering, in which the Company raised net proceeds of $198.0
million, pursuant to the Common Stock Purchase Agreement entered into by the Company on December
23, 2016.