Glucose Health Inc. (GLUC)

[NewJerichoMan]

IPO's are about raising new money. Accredited investors almost always get a significant discount to market: think $0.40 vs. $0.60.

Hopefully, the reason for the downsizing (from $30M to $9M) is that is what they've already "sold" to investors. Most times, S1's don't reveal what investors paid until the day before the uplist. The price they pay is never as high as existing shareholders think it should be.