Scaleback reality to raise only $1 million:
There are 100 Shareholders with 100,000 shares or more.
To raise $1 million would only give them an allocation of just $10,000 worth each in this SPP.
If only half of the total 2,106 different shareholders applied, the scaleback would be only $952 worth each.
Be Carefull selling at 27c thinking you will get $30,000 worth back in the SPP to cover your position.
Ann: Security Purchase Plan to Advance Continued Development, page-20
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Mkt cap ! $38.33M | |||
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