NewMarket Technology (fka NWMT)

[sbc357]

So, A PIPE is essentially a Private Placemant with a Fund of some sort and thus requires registration of shares
whereas a standard private placement is with big investors or investment bankers and therefore do not require registration of shares.

Either way, a PP is just as bad because these shares also are usually given at a discount to the market price (the reason the details are important to me is I have been invested in a company for a VERY long time that just LOVES doing private placements, and it kills us shareholders EVERYtime - one of my major gripes about that company. I would be very displeased to hear of anything like that going on here.) and those investment bankers act much like a Hedge Fund and want their money quick, so they sell those shares on the open market driving shareholders' PPS down.