Absolutely. One of the risks of full disclosure is that when things change then the disclosure has to change and you're basically bringing the whole world into the negotiating room to tag along. If you don't do full disclosure then the shareholders are left in the dark and may lose interest.
In this case for example if the PP was just now announced at .45 we'd be excited about the PP and getting going with the money and wouldn't be worried that the price had changed. OTOH we might have already lost interest because it had taken so long just to make the first PP announcement.
Personally I appreciate the full disclosure I've seen up to this point and I don't expect PP to pay higher than retail. Usually PP gets a wholesale deal and pays less than retail. I was excited to see that the PP price was based on the average pps at the time. That seems fair to me especially since PP is shelling out over $2M up front as needed and are basically locked in for at least 4 mo and hopefully more.
I hope they take the warrants and get a discount too because that will mean my pps will have gone up by then.
This is a good deal as startup deals go IMO so willing to see what Harry can do with it. With all that said I agree completely; The sooner it gets approved the better.
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