the market could have seen the overhang and dilution due to the announcement and started selling and so AGS might have sold also.
If you look at the filings done by AGS, which is further evidence that the financing is legitimate, you will note that when the stock price of EDM dipped from .005 to .004, AGS did not sell any stock that day, nor the day after, so it was obviously someone else driving the price down.
funding agreement with jcltvf/ags capital , page-20
Add to My Watchlist
What is My Watchlist?