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Re: free_bee post# 26

Tuesday, 11/19/2013 5:08:27 PM

Tuesday, November 19, 2013 5:08:27 PM

Post# of 64
$42 Million but we still don't know at what price. I would think it would be accretive but still reasonable so as that over-allotment gets filled.

Something interesting I just thought of as I saw this quote from the prospectus:

Excludes up to $15.0 million to be purchased by certain of our officers, directors, insiders and existing shareholders pursuant to a directed share program, for which the underwriting discounts and commissions will be one percent (1%). See “Underwriting — Directed Share Program.”



$15MM to that group alone potentially vs. a current market cap of $8.67MM.

Twitter: @VincePagano

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