New LPD Edison Report - 7.34c Valuation!, page-85

@ Learning_B1 …. I think they would take all their Entitlement up.
This is easy money for them to make they would pick up 25,571,428 shares and 12,785,714.
The likely value of these shares by the end of June [ 0.02 cents my guess ] will most likely be $511,428.00 and the options maybe $127,785.00. Just maybe this is another reason for this CR …
The question is who do they really belong to when they come from collateral shares that cost them nothing.
Interesting thought! …..

I am very confident that this CR will be fully taken up, especially as it is UNDERWRITTEN by $1.5 million leaving only $2 million. If you work the numbers with some of the top 20 holders who most likely will take up their entitlements and more ….. these alone could account for near 65% take up of the $2 million.

These low priced CR's is where long term Shareholders will make their money and increase their holding in the Company. There is NO dilution for them.