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Re: justlovethegame post# 47402

Wednesday, 11/14/2012 11:48:17 AM

Wednesday, November 14, 2012 11:48:17 AM

Post# of 80868
That's what I thought too but I was reading through the filing again last night and couldn't find anything on a definitive % for commissions and looking through it again now, they tend to group discounts + commissions together and then underwriting/selling reimbursements, but that totals less than $100k it looks like.
I'm thinking the commission is going to be the difference between the offering price and the 7-8% discount unless I'm missing the 10% part completely.
I agree, the move to 850/1 might also be a fail-safe after the R/S to keep the share price above the uplisting thresh hold.
I think we'd all love a strategic partner or large equity investor, but let's be honest here, I sincerely doubt they're willing to pay $20 million for PART of the company when they can pay a little more and get the WHOLE company right now lol. However, the recent buying intrigues me also. It's either part of a large pump that's coming or it's a large player just buying up shares in anticipation of this Xfactor or a potential buyout candidate positioning themselves.