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usmcz

06/23/11 7:06 PM

#19417 RE: Pharaoh-1 #19416

Oh no, I totally agree. It is the best scenario (beats dilution and definitely beats some terrible financing agreements)--but like you said, if they don't talk to us and we don't actually know any details or what they really do with them...

Well, there is nothing left but to speculate. Generally speaking, if they don't communicate to us it is probably because it isn't what we'd want to hear anyways.

My wallet is still on SAVW's side, though.
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Scott12

06/23/11 7:15 PM

#19419 RE: Pharaoh-1 #19416

Do you know whether or not they have to register with the SEC to file a private placement? The reason I asked is because this type of equity financing isn't being registered.