Replies to post #101837 on Naz News, Gappers and FLE''s

[jjkool_01]

re RZ: No, just overvalued in a big way. POS company IMO and it popped today on land lease news. There are those who sware by the company and those who think it a POS. I side with the latter but just trade the stock. Just short for quick buck

[jjkool_01]

re: RZ $4.65 placement was just done Mar 30. Pretty poor of the company to give away that kind of $$$ if the value of the company was anywhere near worth the $8+ it is at now. And they knew of thier current progress towards generating geothermal power before placing these shares. However, Mr. Market brings in money on exhuberance and gives it away as the excitement diminishes.

Entry into a Material Definitive Agreement, Unregistered Sale of Equity Se

Item 1.01. Entry into a Material Definitive Agreement
On March 30, 2007, Raser Technologies, Inc. (the "Company") entered into a Securities Purchase Agreement (the "Purchase Agreement"), among the Company, Heartland Value Fund, S.A.C. Capital Associates, LLC, Enable Growth Partners LP, Enable Opportunity Partners LP, Pierce Diversified Strategy Master Fund LLC, Aurarian Capital Partners II LP, Aurarian Offshore Ltd., Hudson Bay Fund LP, Hudson Bay Overseas Fund LT, Reynold and Wendy S. Roeder, JTWROS (collectively, the "Purchasers"). Reynold Roeder, one of the Purchasers in the private placement, is a director of the Company. Pursuant to the terms of the Purchase Agreement, the Purchasers purchased 2,693,552 shares of the Company's common stock at a fixed price of $4.65 per share. The gross proceeds from the private placement were $12,525,001, before deducting fees and commissions. The Company sold an aggregate of 2,693,552 shares of the Company's common stock. The Company paid commissions of $671,250 to a placement agent in connection with the closing of the private placement. The Company also issued to each Purchaser warrants (the "Warrants") to acquire additional shares of common stock equal to 35% of the shares of common stock issued to the Purchasers in the private placement. Accordingly, Warrants to purchase 942,739 shares of common stock were issued to the Purchasers at a strike price of $6.05 per share. In addition to the commissions described above, the Company's placement agent also received Warrants to purchase 94,273 shares of common stock at a strike price of $6.05 per share as a fee for successfully completing the financing.