Hi all,

I am one of the faithful lurkers on this board, and really appreciate learning from everyone here who are regular contributors. I do have a question regarding the market reaction and reasoning for share pricing, during this offering period. Why buy into the placement when you can buy shares at .12 cent discount at market? This P.P. is not as attractive to me at all. This may seem naive, but.......Why would some also choose to sell their stock at .58, then buy into the P.P. at .70, take an immediate .12/share loss, and then have an option to purchase warrants at .95? It does not make sense! Would it not be simply a better idea to puchase as much stock as you want at .58 and cash out whenever you want, as valuations and circumstances develop over time??

Thanks for any advice.