The raising near the end of 2010 was at less than 0.1c.
0.08c with free options or a 20% discount - maybe the 50% discount is too much now?
BBY was the broker hired to do the pumping after the placement to CPS clients. I remember looking at the info when i trialled Paritech.
I got caught with DMNOC, thought they were worth a punt at 0.1c when DMN were at 0.4c - a chance to double up gone bad - all the options churn died abruptly at 0.1c and well before any drill results were due..........I was quick to get in the queue at beginning of May to sell DMNOC at 0.1c but the volume just disappeared - the 0.08c recipients with free 1 for 2 DMNOC cleaned up exiting with four or five baggers including options
Company had $1m last qtr, 160k burn rate - why raise apart from a pump and churn repeat?
DMN Price at posting:
0.1¢ Sentiment: None Disclosure: Held