waiting for permits to be granted, page-25

well, you've got the dilution factor, which won't be much on that particular deal, but it's there regardless.

Add a little uncertainty.

But whats most likely at play here are the evil forces that squash SP lowball purely in anticipation of CR. Usually by the same players whom then partake in the subsequent Placement, when it happens, they take their foot off the stocks' throat, the SP recovers accordingly, they slowly unload Placement stock for +~30%, and make off like thieves in the nite.

For them +~30% is money for jam, and they don't give 2 hoots about the Co., or its potential, it's just a mathematical equation.