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Summer2762

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Summer2762

Re: DewDiligence post# 138735

Friday, 03/16/2012 12:04:00 PM

Friday, March 16, 2012 12:04:00 PM

Post# of 252328

To try to get a better price for the offering



But what's in it for them? Their fees are constant (~%8 of $50M). If they created a position to bid the pps up, they lost some (say 15%) for doing so yesterday. Was this an under the table promise to the co in exchange for the fees (~$4M) and 30day options (~15%). Or is this a service spelled in the contract?
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