Monday, August 06, 2018 1:09:03 PM
In other words issuing 10 million shares now at 32 cents would have exactly the same outcome at say a 10 to 1 RS. As long as it is a direct offering and someone grabs them, it does not place any downward pressure on the stock price and we still end up with the same in the end. 6 million shares.
so issue 10 million now and end up with 6 million shares or wait for the RS we stand at 5 million shares, in order to generate the same amount money they would have to issue 1 million new shares at $3.20.
I guess after spending 3.5 million a quarter on average I find it strange they are able to get away with only 200k since the middle of July. I would have thought we would have seen one by now.
Recent IPCI News
- Suspension de la négociation par l'Organisme canadien de réglementation des investissements - IPCI • PR Newswire (Canada) • 03/06/2024 12:55:00 PM
- Canadian Investment Regulatory Organization Trading Halt - IPCI • PR Newswire (Canada) • 03/06/2024 12:51:00 PM
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution • GDLG • Jul 26, 2024 12:30 PM
Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • SSV • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM