Yes Stockman, but, they are limited under the 10% Rule to only issuing 6.8 million. S.P.ould need to go over .20 just for one million and they are in a hurry. Would not be surprised if those numbers will "arrive" sooner than later. Taking the 25% discount, the 10% Rule and the 15 day average, I'm still punting on that end of January time being critical, so, the S.P. "clock" should start ticking around mid - Jan at the latest. Depends on how desperate they are.
Also still think that the debt to S.B. is also on the table and that they are throwing numbers around to settle that. Theory:- Higher the S.P. the lower the dilution and S.B. would be the biggest "loser" with any significant dilution, be something like a win/lose to him otherwise. I think he is smarter than that.
RSN Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
