So Belgie, when I read
"Up to 18,000,000 shares offered for sale for cash by the Company. These shares will be offered at between $0.21 to $0.30 per share", is this stating that the minimum share price can be sold is $.21?
If so, was the placement completed prior to the drop below $.21 or will it be delayed until if fits the offering prospectus? I'm trying to figure who would enter an agreement considerably above the current trading range. I suppose it would only be because of the large volume of shares (18M).
Seems this would virtually guarantee a share price equal or above the offering in short order. So if I bought $.17 shares and sold $.21 shares I've got a 23.5% gain.
Please Uncle Sam, hurry up with that Tax Refund.
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