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3.9¢ g medical innovations holdings limited

Ann: G Medical seeks delisting to pursue Q4 NASDAQ listing, page-484

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mfg2006

35 Posts.

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17/08/20

16:11

Post #: 46597981
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Originally posted by fidel14: ↑

@Galilee13

"The recent $5m placement was 100% to sure up the balance sheet for the Nasdaq IPO. IMO these investors knew what was coming."

I can guarantee you these investors did not know what was coming (I was one of them). Clearly the raise would not of gone so well if we had known they had planned to delist. These investors would of been better off skipping the placement and just buying anywhere in the 4c range after announcement was released.

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@fidel14
I also took the placement and sold today at loss. The BOD did not disclose delisting on the Term Sheet. Otherwise the $0.05 placement would not succeed. If there is any legal action I will join.

GMV Price at posting: 4.2¢ Sentiment: Sell Disclosure: Not Held
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