UTR 0.00% 0.2¢ ultracharge limited

$2 mil is apparently from 1 Investor related to the management,...

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  1. MG.
    4,383 Posts.
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    $2 mil is apparently from 1 Investor related to the management, corner stoning. That's one hell of a vote of confidence if it is true.The rest is for few handpicked SI's is what I heard. My thinking is like this. Why would someone related to the in-house, invest $2 mil, in this CR?? Obviously expecting some sort of few bagger news very soon! Otherwise doesn't make sense, does it, in this market. As I always say only loopies invest reading posts on HC. So I would wait to see the announcement to be sure whether this info of cornerstone is correct or not. if it is true, then I am in, at the reopen, to buy. Perhaps someone here may have the term sheet to confirm this!! cheers
 
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