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trding

09/25/17 9:27 PM

#17352 RE: Mammit6000 #17351

I don’t believe the rs is a sure thing. They have to reappove the rs after an as increase 375m as the outstanding approval they like to keep is no longer valid. Having an outstanding rs approved can help with financing, as shares to lock for finanincing can always be had.

If they apply the rs, they will bring the as back down to 200m. If they were going to R/S now, why go through all of that, why not just apply the R/S first.

penniestodimes

09/26/17 12:14 AM

#17353 RE: Mammit6000 #17351

I remember reading the RS would occur (if approved and initiated) late in the 4th qtr or 1st qtr of 2018.

Hope we don't need it or at a minimum it's significantly less than the max 15:1 they want approval for.