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Re: Rapture2020 post# 27971

Tuesday, 12/19/2017 6:57:53 PM

Tuesday, December 19, 2017 6:57:53 PM

Post# of 50157
Perhaps what else is causing the downward pressure is the comments in the earnings PR last month. Perhaps this was discussed on here last month and I missed it. They said cash to operate thru January and it sounds like they are including the restricted cash that is freed from this conversion. Beyond that they said they were starting to explore their options for an equity offering to move forward. Well if investors know they are currently pursuing an equity offering and can remember how badly investors were hurt with the last one that would certainly inhibit buying. I know I think of buying but then I think of that and I stop. So the end of the conversion might not help if another bad offering is coming right behind it.
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