Dougal 134, Below is a quote from bioshares regarding the first SPP. . "The company undertook a share placement in early 2008 to raise
$9.1 million, even though financial markets were deteriorating. It
now can be said that Phosphagenics acted with a commendable
degree of foresight, after having made the assessment in late 2007
that market conditions would worsen over 2008." Regards PoS.
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