Has the CEO put in the call to Rodman & Renshaw's IB unit yet????
PRAN: LMFAO!!!
Prana Biotechnology Limited (NASDAQ: PRAN) (ASX: PBT), today announced that via Rodman & Renshaw, LLC (NASDAQ: RODM), the Company has entered into a definitive agreement on March 23, 2011, to sell securities to institutional investors in a private placement for aggregate gross proceeds of approximately A$6,120,000 (US$6,190,992). The closing of the offering is expected to occur on or about March 25, 2011 and is subject to the satisfaction of customary closing conditions.
Anyone want to bet whereabouts their "investors" sold short the stock????? 4.00-4.25???