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Message: Questions about units

That's something interesting and worth speculating on Koo.....about what the minimum size of the offering might be.  You peg a figure of $30 million CAD net of fees as a minimum amount, and I'm wondering what your thoughts are as to why that would be the minimum....about 7.5 millioln units give or take.

I've also been thinking about what the minimum level might be.....Jan 31st they closed a $6.6 million placement with Hepa, then $15.1 million on April 1st mostly with Hepa (4.5 million units to SHepa and .6 million to others).  

I'm not saying you're wrong.....because its all just guessing at this point.  But for my own part if I was going to guess, I'd spitball the minium at rasing $5 to $10 million.  Just to keep the numbers round I'd speculate that the minimum number of units would be somewhere between 1.5 to 3.0 million.....

If I was going to guess on a maximum size for the offering....then I'd come somewhere in and around your 7.5 million to net about $30 million...but again, its all guess work. 

My rationale for the minimums is just going off recent raises....and my rationale for the max is that it would allow them to pay off Third Eye with some left that would likely be enough to get everything wrapped up with BETonMACE.

 

 

 

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