Wednesday, September 20, 2017 4:24:58 PM
You are absolutely correct, it was open to institutional investors, but not retail like myself. That is why I did not buy, I felt like I was being insulted, after loosing the lion share of my investment over the last few years, they shut off the gravy to me.
As far as warrants go in the next offering, looking at Titan's record if the offering is within the next few months, and unless something absolutely fantastic happens between now and then, I am afraid if they do not sweeten the pot with warrants the next offering will be worse then the last. I totally agree warrants dilute share value, but when you are between a rock and a hard place, your options are limited. I felt all along the last offering may have gone better if it was open to retail buyers in the US. I would venture a guess that that is where most of the share holders reside. I certainly can not be sure, but I am confident I was not the only share holder that did not buy because as I said I felt betrayed by Titan. I hung with Titan through the worst of times, and was screwed when a bone came along. Anyone else feel that way?
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