Ann: Creso Pharma Receives Firm Commitments to Raise A$2.137M, page-12

Originallypostedbyedwardc

Wow,holdersbeingF###EDleft,right&center...

IfIreaditcorrectly,feestoEverblu:

6%of$2.137mil-Approx.$130,000infees

ONTOPOFTHAT....theywant3sharesforevery$4capitalraise...

So..basicallyissuinganadditional1.6millionsharestoEverblue(Approx.$96,000basedon6cents).

Allin,approxvalueof$226,000infees/sharesforraising$2.137mil..thats10.6%ofthethiscapitalraise.....

Ifyoustillbelieveinthiscompany...well..ireallydonotfeelsorryforyourloss.

AllIMO...

lol I feel sorry for my loss too, can't believe I didn't see the red flags on this one...only option to average right down and wait for some announcement.. might get something back. Is this even worth doing though? Luckily I don't have a lot in it