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Re: bigworld post# 2183

Friday, 01/17/2025 10:56:29 PM

Friday, January 17, 2025 10:56:29 PM

Post# of 5072
Bigworld, Nice bounce for Acurx today, on decent volume. No news that I saw, but the Form D was filed today for the recent direct offering. It appears most of the management are participating, and are ponying up some of their own dough. That part is encouraging (ie - 'skin in the game'), but having to raising money via this direct offering involves big fees --> over 10% in commissions and finders' fees. So an expensive way to raise money. Hopefully they can get a partnership deal done very soon since this small money raise won't last long.

Looking at the broader market, investors may be starting to get over their angst / apprehension, although it's still early. Fwiw, I'm still on the leery side, and used the recent bounce to reduce the stock allocation to 15% (from 17%). Also, to get the 'karma' right, I have the individual stock portion at 7%, so a lucky number :o) Being a nervous nellie, I figure little things like that might help, lol..



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