We saw some nasty manipulation Friday probably by somebody who wanted to influence the deal price; The effect will probably be a few cents as I believe the deal price is based indeed on VWAP. This beancounter is involved in some 15 startups since 2008 and saw these things happen time after time and only in 1 of these startups it ended badly and that soon after the start. The 14 others are very exciting and keep me young at my 81 years of age.
This company is now too far on the road to fail and it has plenty of investors ( including myself)who will bring it to the finnish line which in this case means EXIM financing. yes there is some more dilution but are we not expecting non dilutive funds ?
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