The only difference is it’s at another 50% discount which is more enticing to get but also reeks of desperation.
They will most definitely be short with mum and dad investors
But I hope as Lebba says it will get picked up from sophisticated investors/ institutions
But can’t see that happening at all they have to already put in $5 mill plus the shortfall of the $10.8 mill which I think at least they will be short $8 mill would be my guess even more.
So will sophisticated investors put in $13 mill don’t think so just can’t see it personally happening.
Alto I think he was a dog for how he cut ties with SAS it would be funny if Michel Melone steps in and buys $15 mill if they allow him to and he takes over the company
SAS Price at posting:
1.6¢ Sentiment: Hold Disclosure: Held