For those who may not realize why our share price is down and staying down...The private placement is giving big investors a chance to sell at market and buy back in the private placement. Even at 38 cents, these individuals believe it is worth it because they get to buy back at 39 cents and get a half warrant at 60 cents.
So this is an artificially low share price and will probably stay this way until the end of the month while the private placement closes. If you are an accredited investor, this is a good play for you. For the smaller investor, realize what is going on and take advantage of this artificially low share price and load up. Once the PP closes, all these big blocks of shares for sale will disappear and our share price will rise.
I hope this makes sense to everyone. I have seen this many times and it is one of the easiest way to make money in the stock market. Good luck.
Glorieux