"That was nice timing" Excellent "timing" there Tigers2008!!!
Will certainly keep Somers and Partners and their clients, but, most importantly us shareholders, very happy indeed. Great news.
But, with "sophisticated investors" involved we must now expect some wash out from that CR.
Now, if anyone wants to split hairs with management's wordings, surely this is what they could be complaining about. " The trading halt is requested pending an announcement by the Company to the market regarding an institutional capital raising." No mention of "sophisticated investors" which makes a huge difference in interpretation.
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