Page 43 of the prospectus allows the underwriter to cancel its agreement if the share price closes lower than 7 cents for any 3 consecutive days before the offer closes.
They are willing to underwrite the turd provided it doesn't turn to diarrhea.
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1 | 35000 | 0.043 |
1 | 12000 | 0.042 |
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0.048 | 46773 | 1 |
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0.052 | 75044 | 1 |
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