Hi Adventurine, I have been reliably informed that the Cap Raise is being done through Baillieu Holst and our good friends at Morgans and Peleton are but bit players in this raise. Finally we have cornerstone players wanting a position in our company……thanks to GOD/Allah and the rest of the big lads who rule our world……the short term SI hit and run merchants are no longer getting their quick hit and run
The price is at 3.5c and we will all get a bite at a fully underwritten SPP ………the word I got was this will make us well respected as the company heads to the US with 5 bricks in the bank and a swag of product that delivers in the sports/sleep/drug delivery area. Fund managers will treat us a lot more seriously with this cash in bank at the Interbike Show in the US than if we were a poorly funded hopeful.
We are a multi bagger, with as I call it "the contact lens for the nose"……a simple bit of plastic that delivers a multiple solution to many nasal related problems.
Bet against this company at your own peril, we will open strong and with a cornerstone that will make all the traders think twice……that's what the tea leaves tell me anyway
Please DYOR
Ant
RNO Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held