Ann: Placement for $10m Closed Heavily Oversubscribed, page-33

All,

Some thoughts about the last week....

SAS has completed a perfect move by this CR (I'm saying this even though i got hard hit by it).

Money is available straight away shell the launch not go according to plan. SAS will be able to fork out the money for the next launch and 3 new diamonds with minimal delay.

If the launch is successful (which we all hope it is), funds are available for the next step. From the ann we can see that that is what is expected.

Instos and sophisticated investors do not invest for 2c peeps. They expect a much higher return.
If they entered at 19c and it's around 21c now it should tell you it's a steal!

I suspect that this will be very short lived with the launch so close. Even though we will wait 6 to 8 weeks post launch to start seeing a significant move North it will be well worth the wait.

DYOR and GLTA