Ann: Metal Storm closes Private Placement , page-3

No wonder the share price is being held down..."The issue price of the shares will be equal to 90% of the volume-weighted average of the closing prices of the Company's shares over the 15 trading days AFTER the shares are issued."More dilution and more dirt cheap options. And I thought the GEM deal would have put an end to these "special deals". Time will tell if the long-term holders (some with substantially higher average costs that current trading)will sleep comfortably in the next year or so.