PCK 3.23% 3.0¢ painchek ltd

Ann: $4.15M Placement to Fast-Track International Expansion, page-38

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  1. 4,459 Posts.
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    It's a warning worth heeding, many spec socks fall for it, dishing out freebies to the big boys is a very slippery slope.

    You also ignored my questions. How good do the 2c options look now that the oversubscribed raise price is 14.5c? I accept to those employees who are building the company this is just rewards and I have no problem.

    But purely financially its bad.

    Im saying the free options were an unnecessary gift. If the company needs $3.5m in 2022 then raising it then won't be hard. Unnecessary and unfair on current holders to presell at 25c.
 
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