Ann: $8M Fully Underwritten Institutional Placement, page-57

I can’t stress how vital it is that this thing holds 17c guys. Using the argument that just because instos got in at 20c means the sp will not get smashed is a sure fire way to get slaughtered in a tough market. Look at EUC - they raised at a high price and it has disintegrated ever since. This is still within an upwards channel but if it breaks 17c as I said 13c is on the cards