i am probably wrong, but when the 30 day period starts for the rights offering, geominix will show good faith in buying the 15 million shares at 7 cents, and this will raise the pps to 7 cents, and us shareholders have 30 days to exercise our rights as long as we held shares before 12-18-08, i believe.
any can correct me if i am wrong, when i first read the pr, i thought the shares were being purchased by goeminix immediately. if wrong, let me know.