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Re: A deleted message

Sunday, 01/22/2012 5:24:09 PM

Sunday, January 22, 2012 5:24:09 PM

Post# of 88952
"ijjp is a 504 ending play"

There is no such thing. Sometimes a company will announce the amount it raised in a private offering to show that it now has the funds it needed, but since when does the mere termination of a private placement justify a press release, much less make a stock move? Besides, the Board of Directors can always change its mind and decide to begin selling a new private placement tomorrow. Why this is supposed to make the stock run escapes me.