Ann: Strategic acquisition of Tile & Equity Raise - Investor Pres, page-12

If Nasdaq is weak over the next couple of weeks, it most likely will get to the mid 12's. The instos will want to hold on to their shares for its long term valuation and potential. This is not a very liquid stock, so if they jump out for a quick profit they may not be able to get back their shares much cheaper. If too many shares were given to non instos then they could take a quick profit. .

But on rare occasions with some large CR's, if the deal is good, it has potential to actually push the SP up. This might be one of those occasions. It would be pretty silly to be selling out for a small profit when the business has just doubled its revenue for a 10-15% share dilution.

They have also mentioned they will be dual listing on nasdaq around mid next year, so plenty of reasons to hold for medium term.