HAW did the same, indicates the company is desperate.
Options:
1. extending the SPP,
2. boost up the sp by news - unlikely, as they have started to call up sh
3. underwriter takes up the offer and places the shares at 1.8 / 1.9c -- disaster for sh
As I wrote before, that SPP didn't the comp any good. It was rushed as it was obvious that the DD-doing comp won't come up with an offer. Either there is no interest in working with ANP or management just pokered to high and lost.
that phone call last night, page-4
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