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skepticone

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skepticone

Re: Billyp54 post# 3271

Wednesday, 05/03/2017 11:13:16 AM

Wednesday, May 03, 2017 11:13:16 AM

Post# of 6602
One of the reasons that was given for the RS and getting on NASDAQ was to attract institutional investors, which in theory was supposed to have a positive effect on the PPS. Institutional investors were offered shares far below what the current PPS was and both times the PPS eventually dropped below the offering prices.
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