wow, one would have thought they could have gotten more money.
Like nearly a 75% discount to current prices. JB must have had bad timing and did this deal while stock was in very low $.01s.
If you follow Adam Feuerstein over on The Street . com. He is a biotech guy and says those companies that issue shares right before the investors are expecting news are telegraphing bad news.
of course briscoe didn't telegraph this news. what is holding this stock about $.0175 after this news?