placement, page-4

It's actually bordering on insider trading if they know what the placement price is going to be or who is going to take up the placement and at what price. The last placement was done at .20 so I guess those that took that up are a bit underwhelmed for joy.. Obviously the last set of results didn't breed confidence in the market. It wouldn't surprise me if they want to place the new shares at.10. It was a little hard to do that when it was trading at .075. Hence the buying.