Ann: TMT Share Placement Completion, page-53

Think whomever posted the 22c comment was simply using the formula of averages but it doesn't ultimately work like that.

There is certainly the time value of money to consider, and no investment group in their right mind would enter a placement for the sheer purpose of obtaining options, that I'm certain of.

I've decided that I'll give the directorship benefit of the doubt after a couple late night phone calls, I'm a buyer at 26c - whether for offsetting purposes or not I haven't decided as yet.

Good luck.

NL.