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bblack

08/10/16 8:29 PM

#88302 RE: Mercator21 #88301

fyi. I am familiar with their balance sheet and don't disagree with much of your post. It just seems odd to me that we would be getting real institutional demand simply because the 2nd shot on goal is 9 months away vs 21 months regardless of asymmetrical returns, which I totally agree with. 9 months of dead money is still a long time for most institutions.

Either way, I'm happy how things are coming together. This stock was $2 at Brexit. Who ever thought we'd be raising money at $3 so quickly?