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ash111

11/24/16 7:13 AM

#1297 RE: EM #1296

I Agree. More likely thru a private placement at around $1.3. Don't forget they also own about 20 Patents.could be used for an additional future resources. It could be also Combined w an additional future NOLs Benefits.imo
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ash111

11/24/16 7:36 AM

#1298 RE: EM #1296

Another good point is stake amount . 5% or less means only $300k value ( based on a cap of $6m at .30). So it make sense to do it at much higher Price. As mentioned before, around average purchase price ( $1.3).