Why such a large loan? they are buying 10%-20% or 32 - 64 million shares which at @.05 is $1.5 - $3 Million. are they expecting a large jump in the PPS?
IMO they only want to use a certain amont of the bridge loan to buy back shares. That could be why they say 10-20%. If the price stays low enough they could buy up to 20%.
As much as I would love to see us fly next week I'd rather see them be able to soak up the 20%. It would be much better for us in the long run. I'm long big time so what's another week?
But I certainly could see a .05 share price by the end of next week. The bid support is going to be very strong and will put pressure on the ask side. Awe, poor shorts. :)
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