what you say macrae has little to do with the potential of ppr..
you constantly harp on about fortrend.if fortrend was goin to reap massive rewards from prr the dilution would have happened when they struck the deal under 1 cent..prr has not drawn on the facility yet and if did it now the issue would be low in comparison to current price compared to when the deal was struck below 1 cent...you keep harping on about fortrend but prr as you can see are securing funds elsewhere and have stated in there announcements that the 12 mill funding has put them in a strong position to find other stronger funding positions which martin rogers is doing in the U.S.fortrends key benefits are outlined below and how an emerging small cap can work with fortrend and a strong shareprice to draw when needed to raise capital and reduce issue due to rising share price.you keep bringing up rby.why?have you been burnt by them.prr is just that prr not rby..prr yes have secured funding through fortrend but are also looking elsewhere for bigger names..
Fortrend can assist small-cap companies with their funding and capital raising requirements by offering a number of services:
1. Standby Subscription Facility 2. Introduction to off-shore institutions and investors 3. Placement of securities with offshore investors
Standby Subscription Facility
Fortrend is pleased to offer an innovation in financing for small-cap companies.
Some of the key attributes are:
1. Raise capital on an as needs basis 2. No investment banking fees up front 3. Cost-effective legal structure to establish facility 4. Easy to set up and administer 5. No prospectus or investor road show necessary
Some of the key benefits are:
1. No risk of under subscription, such as in a rights offering or secondary placement 2. Less stock dilution when used on the back of share price strength 3. Will increase liquidity in the market for the companies shares and increase investor awareness 4. Gives negotiating power with creditors and business partners 5. Leaves you and your team to run the company
Fortrend’s Standby Subscription Financing allows companies to issue “draw down” notices, which obligates Fortrend’s client (the investor) to buy shares based on your timing requirements.
Fortrend’s client (the investor) will be compensated for standing by to purchase the shares through a discount to the market price.
Fortrend’s institutional dealing desk will work closely with you, your company, and the investment community over the term of the facility.
The facility has embedded mechanisms that align our interests and goals. We are interested to see your company succeed and to see gradual share price appreciation without undue volatility.
you talk about top 20% holding only 23%..so what as you can see things there will change..mr freedmon will becom a substatial holder and own 15% alone..yes i hear you say 2.6c but that deal was struck before prr shareprice rise.dont tell me macrae you belive a deal like that involving 1.5 million dollars was drawn up overnight and released through the asx so quick.it was done when shareprice was around 2.5 > low 3s..that was prr's 1st move to secure funds on topo of fortrend.it put them in a position to do so strongly after the 12 mill deal..there will of course be more dilution to bigger names who will fill the top 20 quickly as with any company moving forward dramatically..im sure youve invested in companies that issue shares to raise capital especially in the biotech sector with trials about to kick off..you also talk about 2c and the 3.9c issues.they are for services to the company that are being payed for through share issue.as you would also understand here these services were already started when shareprice lower and negotiated back then.how often does a shareprice rise 1200% so quick..
you talk about daytraders..well they are everywhere and they are out there to make money..they will push with momentum and prr has alot more news and momentum to come and i can appreciate you will be jumping on board again many times again and making good $$$ out of prr..
good luck to you and your investment strategy..
ps macrae is eugene kopp still a director of prr and going to dump stock on this rise..did you say that last time prr had some fear driven momentum and why..could you read prr's anual report.im sure you are capable of finding this info out..
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