As always after a private placement - IMO shares may be sold off tomorrow to around 3.5c before she stabilises - it always happens - most of these sophisticated investors at this level will off load as they are basically trying to make a profit and mostly are not in it for the long haul - it failed to hold 4c once again
Remember most sophists are trading stock and make money then move onto the next stock so dont get too disappointed if it sells off tomorrow - may even try to close the gap at 3.3c left on friday but i dont know for sure - may touch 3.5c at worst IMO
Patience required as it will take a few weeks to settle down and gain some traction - is the app available to download yet ??
GLTA
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