Can someone explain the details of the 8K? I’m n
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Can someone explain the details of the 8K? I’m no good at reading these and I’ve been trying to avoid IHub. I am the first to support balanced discussions, but the “bashing” gets a little carried away on iHub.
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Yesterday they sold 2.2M shares at 50c and gave 1.1M warrants at 50c (half warrant per share) for $1.1M dollars. Paulson got a 9% fee + 35k. But we are trading at 43-44c, selling shares at 50c. So someone wanting cydy to succeed participated in this placement in my opinion.