Fred, I am no guru at this, so please take my answ

Fred, I am no guru at this, so please take my answer to your question with a grain of salt. But, in my opinion, the reason AGP would sell is because they were selling both the stock and the warrant. So if the average price they sold at was $2.75 and the warrant they sold for $0.60 that equals a total of $3.35. Additionally, 319,489 shares were given to them as "underwriters compensation", of which they didn't have to pay a dime. Additionally, I believe any shares AGP did have to pay for, they got a discount on and only had to pay $2.91 Add the free shares to shares they had to pay for, along with the discounted price, and it brings their overall nut down and makes the sale a profitable one.