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kvnbrn

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kvnbrn

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Wednesday, 05/16/2007 9:21:44 AM

Wednesday, May 16, 2007 9:21:44 AM

Post# of 698
Can someone clear this up for me. Back in in Nov 2006 the Company raised $1.1 Million through Private Placement. 1.8m shares @ .61/share. At that time the stock was trading between .25 and .45/share. Why did the investor pay so much when they were cheaper bought on the market? Is it because they would have run up the price purchasing that many shares? More importantly they must have thought the share price is way undervalued. :) Staying long...
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