"They need more in order to keep the price above 0.004cents otherwise they are out of business, NO MORE MONEY!!!!!"
The company is doing a rights issues, which are fully underwritten. So it will have about $595,537 (148884305 new shares x 0.004) minus 5% underwritten fee.
Do not hold PNO. Watch with interest
"They need more in order to keep the price above 0.004cents...
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