@AnthonyKE -- It is not a bad SPP, but I wouldn't be expecting any developments in new contracts before the beginning of the following month at earliest. They got to lockin the sell off the small holders 2 days after the close of the SPP. They got a chance to up their holdings, but if they are not interested and don't send back the form... their small holdings will be sold. Lets go off:
$500 divide 0.085 = 5883 or more needed to remain a small holder (unless the price goes above 0.085).
I.e:
GLTAH
Ann: Quickstep Announces $10.6M Placement and SPP, page-25
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