Yeah he just got $800,000 wiped off his net worth from 3 cents down to 2.2... $15,000 can't make up for it for his holding, but for smaller holders it could be very lucrative.
There's a few teasing hints in the offer document, surely they have to release some of this stuff to market. I want to know more about the concentration plan.
Ann: Same Class Equity Offer (Share Purchase Plan), page-26
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