Sounds like a bad deal. A direct placement with some dilution would have been better I guess. But I don't think Magna will be able to buy at 7.5 cents. It is stated '5days prior to the withdrawal'. The withdrawal has already been carried, the money only has to be carried over as I understand it. So it will be 25% of 15.5 cents....
Still confident but with some restraints, I'm just hoping this won't become another company of wich I hope one day to get my initial funding back....
Does anyone still belief this company can reach the $2.00 status or more? What would have to be there for them to accomplish this?
SWE Price at posting:
10.0¢ Sentiment: Hold Disclosure: Held
