Ann: Firm Commitments for $14ml Capital Raising, page-200

Capital raise at such a small discount is not such a bad thing. If talon sourced bank financing it would have been just as expensive and more restrictive.
if you buy today at 15c the capital raise is the equivalent of getting 14 million in debt funding at a 1 time only cost of 3.45%.

the selling I believe is existing holders who want to sell only to buy back their holdings at the retail offer price of .145 there is only $2 million available at this price so selling should be short lived. At recent volumes there is only 2-3 days worth of trading before this option becomes risky as sellers may not be allocated their full $30k retail limit