InvestorsHub Logo
Followers 35
Posts 12463
Boards Moderated 8
Alias Born 12/17/2002

Re: Ed Monton post# 36

Friday, 07/02/2004 9:49:31 AM

Friday, July 02, 2004 9:49:31 AM

Post# of 116
Bid $1.00 and ask $1.50 now. Somebody must want out.


EDIT: Looking at SEDAR there was a financing of 4.5 million units at .45 per unit, including warrants priced at .65 and .75. The closing date of the warrants is subject to change based on the stock holding a value of $1.25.

I'm guessing the holders of this last financing will want the stock to stay above $1.25.

Ed

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.