RS doesn't matter, play the Market Cap. Market Cap is price x OS, .013 x 808M = $10.4 million. They have $71 million projected CASH after this offering...it'll be WAY UNDERVALUED, still, even after an RS...by a factor of 10x...JMO GLTY
And...they have ONLY $3.365 million in TOTAL Liabilities (no debt), NO convertibles...and $94 million in shareholders' equity/book value...
If they do …the new rules are they have to give NASDAQ five business days notice they have to inform shareholders at least two business days in advance and they have to make the announcement no matter what day it is before 12 noon. We got nine minutes to go to clear through today.