Replies to post #6794 on Aqua Power Systems Inc (APSI)

[skichic]

You’re exactly right. Like an IPO.

[cmacktrades]

Absolutely. Carnes raised $200k at $2/share in April 2021, over a year and a half prior to the Tradition acquisition. It wouldn't make any sense whatsoever to do an offering (or preferred share conversion, for that matter) at even close to the current price per share. The offering and preferred shares are nothing to worry about IMO, particularly at these prices.

[i_like_bb_stock]

yes and any price drop would be temporary