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Stinky_pinky

11/17/11 3:15 AM

#167 RE: gharma #166

From their website:
Capitalization (as of June 30, 2011)
Issued and Outstanding 347 million
Warrants 101.3 million
Stock Options 29.2 million
Fully Diluted 477.5 million

Yes, private placement is around 46,153,846 share issued at .65, with warrants for a similiar amount at $1.00. I am not surprised the PPS has held up. The PPS was going vertical before the private placement news. I am spread a bit thin. Why don't you research the last question and give your reasoning why the PPS has held up like it has. S_P