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Posted On: 01/07/2022 2:58:50 PM
Post# of 148903
Couldn't they do some kind of a rights offering, where you had to be a shareholder, or purchased the rights from a shareholder, to participate? That way even though the price might still be in the toilet, the current shareholders will either benefit from buying cheap shares in proportion to those they already own or receive a rights payment from a third party wanting to buy those shares. I came up with this idea when I was watching that ProActive video yesterday. NP seemed to think it would be good whatever fundraising they were thinking of, and this is the only one that to me seems like it would not harm us. I am by no means an expert in corporate finance, so maybe I don't know what I am talking about, but this idea of mine seemed like an interesting idea to me. Don't have any idea of what fundraising he was thinking of, however.
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