Just to clarify:
The underwriting of the options - Good
The 5% Fee - Bad
To Pats - not that good
It should have been a negative 25% Fee.
If you don't need the money right now, then why raise it now at what could be described as a really bad price. 19 cents, when we could raise at 25 tomorrow. Maybe at 50 cents in 6 months time.
If we're going to cop a pat's pineapple now, what will happen when we need $50 or $100M?
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