Risk/reward/participate thoughts: My thought is if PPS gets a wee-bit over .03, I would sell maybe 25% - 35% of existing shares and use that money to buy units. I'll still hold most of my shares so I'm "legit" as far as participating.
I look at that 1/3 of my shares as an "investment" (not a flip/trade) so I'd probably hold that amount anyway, regardless of what happens to PPS "thru April".
For the most part, I'd look at like I'm "getting a free warrant".
The "risk" works both ways if ANYTHING major happens to the PPS in the next 2 weeks or about 6 weeks if extended.
If offer is canceled due to "something better" & PPS skyrockets, I miss profit, but really no loss & I still hold most of my shares.
If offer is canceled due to not enough interest, & Joey says "sorry, I had to get toxic convertible debt to keep the doors open" and PPS tanks, I get my .03 cents per share back.
