This is just my take on it, not gospel. They raised what they needed for now, at an attractive price to ensure it would be oversubscribed. They intend to raise again, but next time at $1 - $2.
There is still in the ball park of $14 million of options to be exercised which is also cash in the bank.
Bulls v Bears, page-50
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Last
4.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.833M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 35715 | 4.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 19962 | 2 |
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