Wouldn't surprise me if Profittaker were correct.
They probably thought the PFS would send the sp skyward - then they'd cash in by doing a cap raising post-PFS.
Obviously, the opposite occured, and now they're stuck doing a cap raising at $1.
Will not be happy if this is the case.
Profittaker - can you give any more details? Who is are the investors? Which brokerage house is doing the raising?
cap raising at 1.00 to sophisticated investors, page-6
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