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Re: CMA7 post# 492

Wednesday, 11/24/2010 11:51:20 AM

Wednesday, November 24, 2010 11:51:20 AM

Post# of 7602
With all due respect, I strongly disagree with what you are saying here. To my knowledge, companies always test possible demand before proceeding with an offering. In fact, they usually proceed with the pp and then announce it after the fact.

Natcore checked for possible demand and then sent the agreement to everybody that had signed up for email alerts so that their shareholders can participate in the offering. Natcore's approach is more open than most.

TSTC is an example of a typical pp. They announced it this morning without giving shareholders notice and without giving all shareholders a chance to participate in it.

Regards,
JB