Replies to post #5155 on Top Ships Inc (TOPS)

[Kabuli]

Off course Crede is buying shares at deep discount, this is the only way for them to sell for a huge profit.

[ORCA]

I THINK YOU ARE WRONG.THE SHARES WERE SOLD AT .524 PER SHARE.
LOOK BOLD BELOW.THE PREVIOUS FILING HAD $17.6 MILLION REMAINING.
ON THE LAST FILING THEY SOLD 16,790,000 MILLION.SO $8,8 MILLION DIVIDE TO 16,790,000 SHARES=.524 PER SHARE.NOT .26
The Company announced today it has issued and sold 11,797,500 common shares par value $0.01 per share pursuant to its previously announced purchase agreement by and among the Company and Crede CG III, Ltd. dated November 7, 2017 (the "Purchase Agreement"). Mainly as a result of these issuances the Company currently has issued and outstanding 28,900,562 shares. As of the date hereof, up to $17.6 million worth of shares is remaining that the Company may sell pursuant to the Purchase Agreement.

TOP Ships Inc. (the "Company") announced today that since November 14, 2017 it has issued and sold 16,790,000 common shares par value $0.01 per share pursuant to its previously announced purchase agreement by and among the Company and Crede Capital Group LLC dated November 7, 2017 (the "Purchase Agreement"). Mainly as a result of these issuances the Company currently has issued and outstanding 46,334,811 shares. As of the date hereof, up to $8.8 million worth of shares is remaining that the Company may sell pursuant to the Purchase Agreement.