"The recent $5m placement was 100% to sure up the balance sheet for the Nasdaq IPO. IMO these investors knew what was coming."
I can guarantee you these investors did not know what was coming (I was one of them). Clearly the raise would not of gone so well if we had known they had planned to delist. These investors would of been better off skipping the placement and just buying anywhere in the 4c range after announcement was released.
GMV Price at posting:
4.3¢ Sentiment: None Disclosure: Held
