Capital raise?, page-60

Say the CN "lender" hasnt agreed to cancel the loan (probably painful exit fees for wangle if wangle exits anyway) then the minimum amount of $500k must be drawn down. Hopefully it is drawn down sooner than later while there is still some support or some significant interest in the stock is generated to lift the price. Because while small, if the cap raise participants sell down to 1.4 or there abouts, the CN could be converted as low as 1.2. Whos going to rush to buy with this hanging over? Its not big deal, but has the potential to cripple wgl until a time growing revenues can be demonstrated which could be a couple more quarters or more.

The introduction of options reduces the incentive to hold stock issued under the placement because there is is the option to buy back later if profitable to do so. So I think there will be more selling pressure than buying for the coming months.

I really dont like it when others stick around after selling and persist with negativity so i'll be gone now.

Best of luck all! Might be back in a few months.