The higher than anticipated dilution is a bit disappointing. Definitely wouldn't feel comfortable purchasing additional shares above 1.7c for the next several months, since I'm expecting quite a few investors fortunate enough to be in the placement will sell part of their holdings off for an easy 20%+ gain. I also expect some traders will take advantage of the sideways market to do some swing trading.
Ann: $4.4M Raised in Strongly Supported Placement, page-10
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