Ann: Capital Raising Presentation, page-3

Interesting situation. Armour could get bugger all retail investment in the up coming CR until they get quality results from the drilling program over the next 2 months, but if this drilling program is successful, they won't need the CR.
Talk about a Catch 22! But sophisticated investors obviously see potential, why otherwise would they lay down 4 mil?
I'm looking forward to results, and note that they're going to re-enter and stimulate Parknook, assuming that PK 2 and 4 stands for Parknook, which is further south.
I haven't made up my mind to participate yet, I've got quite a lot and want to see what these new wells look like, also the MC 5A stimulation. Best to all.