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fabius

09/25/17 1:06 PM

#30058 RE: wimuskyfisherman #30054

Yes it is possible, but an offer right now will happen at 10% at least discount to mkt price. Then the dilution effect will drive the price lower.
Then you will hav the new liet motive, from they need cash to they will need a rs to gain Nasdaq compliance.
If they also decide to offer some warrants we are not going anywhere.
I therefore stress my opinion that, while respecting your idea and fred's, only a raise with a partner will help. Otherwise we are fucked...in terms of share price, which is what makes us shareholders happy or ruined.