Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Message: Re: Why the price is $.036
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Why the price is $.036
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Trini49
Oct 28, 2016 10:56AM

The Offering Price was determined by arm's length negotiation between the Corporation and the Agents, with reference to the prevailing market price of the Common Shares.

What a crock.

Agents: Hey if you priced it at a 30% discount to the current share price, we'd be able to sell it for sure.

Corporation: Really? We're green at this, we'll trust you. Okay let's do that.

Reality: They should have priced it at the current market price and 1/2 a share warrant. That would have sold too (and arguably is still too cheap).

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Re: Why the price is $.036
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fws
Oct 28, 2016 11:17AM
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