Jun. 12 at 9:51 AM
$RMSG We are just waiting on management to put together a PR over next several days. The new folks that Maxim brought to the table have the warrants at .70. They are the ones who demand that the company figure out how to run the stock up. It's just the way these things work. So, we are patiently waiting for a big news item. It's as simple as that.
OFFERING:
Each common warrant is immediately exercisable at US
$0.70 and expires five years after issuance, while placement agent Maxim Group LLC receives a 6.5% cash fee, up to US
$80,000 of expenses and warrants for 171,428 shares at US
$0.70. Directors, officers and major shareholders agreed to six‑month lock-ups, and the company plans to use net proceeds for potential mergers and acquisitions, working capital and general corporate purposes.
