(Total Views: 291)
Posted On: 11/27/2019 6:09:06 PM
Post# of 36563

This is probably the right decision given the circumstance. There is nothing to be gained by having the number of shares in the float increased and shareholders taking a 50% haircut. Back when this was originally set in motion it was expected to be from way higher levels with good progress being made on the business plan. NAZ up-listing etc. The subsequent PPS decline would have looked like a buying opportunity if things had gone smoothly.


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