First, why would we expect a pr pertaining to the on-line store. I was under the impression that it will be for wholesale sales only.
I hope not! I actually think that an online shop would better be positioned to cater for the private retail market.
Secondly, why would they want to put out anything that will raise the pps before Oct. 31st when the note(s) become due and they figure out how many shares they will get. (dividing the loan amount by the pps -40%)
Yep, I agree. Keep the share price low to allow your creditors / warrant holders to convert into more shares. Makes sense from a management perspective, but not shareholder-friendly...
After they get that paper work done, then they can hit a bunch of good pr's and let the pps surge to new 52 week highs.
I do hope that's the plan!
Can anyone advise what is the $ amount of the note that is coming due Oct. 31st?