I cut & pasted this from the last Gen Meeting announcement.
(Pages 24 & 25 )
Under the SPP Offer, Eligible Shareholders may each apply for up to $15,000 of new Shares (SPP Shares) at an issue price of $0.10 consistent with the Prospectus Offer. Shares not taken up pursuant to the SPP Offer (Shortfall Shares) will for the shortfall.
The Shortfall Shares will be offered to investors as oversubscriptions under the Prospectus. The Directors reserve the right to issue any Shortfall Shares at their discretion.
POK Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held