You say the stock is going to $2.00, again - we've heard this before - in fact, the last time you were touting two bucks the stock dropped from around .80 cents to ~ .15 cents.
So now the stock is supposed to go to $2.00 based ON "... a buy recommendation and $1.25 price target from ThinkEquity, a division of Fordham Financial Management."
CTD Holdings Closes $7.4 Million Private Placement
ALACHUA, FL–(Accesswire)–May 31, 2019 – CTD Holdings, Inc. (OTCQB: CTDH)(“CTD” or the “Company”), a clinical stage biotechnology company that develops cyclodextrin-based products for the treatment of disease with unmet medical need, today announced that it closed its previously announced private placement of securities with a group of institutional and accredited investors that included directors and officers of the Company. Investors in the private placement purchased a total of 29,770,000 units, consisting of one share of common stock and one warrant, at a price per unit of $0.25, resulting in gross proceeds of approximately $7.4 million, before deducting placement agent fees and estimated offering expenses. The shares and warrants comprising each unit were issued separately, and the warrants are exercisable immediately upon issuance at an exercise price of $0.30 per share and expire on the 66 month anniversary of the issuance date.
ThinkEquity, a division of Fordham Financial Management, Inc., acted as sole placement agent for the offering.
SO THE COMPANY THAT ACTED AS THE AGENT FOR THE LAST PRIVATE PLACEMENT IS NOW RECOMMENDING THE STOCK....
HMMMM
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Lazarus - puppeteer and flea trainer extraordinaire.