@whatup -- Not true at all. "My view of investing is your either in or your out, by not buying in on the capital raise means you don't have faith the money will be well spent so you might as well invest elsewhere."
My friend put in $13,000 and I warned him not to and to wait and pickup off market. Even though, he participated he overpaid what the market is realistically selling at now.
They don't need every holder to have blind faith and participate. If your holding is solid you are supportive already!! I got close to 1.7 million shares but am not participating. Did you participate and how many are you holding now?
They only need a very small portion of the current holders to have participated to cover all debt obligations. Even if only 10 holders participated they don't care. Now that the register has expanded, they have a chance to hit up holders again even if it is after new contracts are announced and at a much higher price.
You don't need faith, because they have already spent our money. You need to observe what is happening next. Hope you bought all $15,000 @whatup
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Last
16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $11.83M |
Open | High | Low | Value | Volume |
17.0¢ | 17.0¢ | 16.5¢ | $23.92K | 141.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3500 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 11459 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3500 | 0.165 |
4 | 157121 | 0.160 |
6 | 58851 | 0.155 |
5 | 107221 | 0.150 |
2 | 37933 | 0.145 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 10000 | 1 |
0.180 | 1000 | 1 |
0.190 | 2288 | 1 |
0.195 | 38110 | 1 |
0.205 | 9320 | 1 |
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