Jul. 21 at 3:29 PM
$USCUF interesting recent private placement news last week. Issue was upsized from
$750K to
$1.25MM. Also interesting was the pricing of the units compared to the placement about 5 months ago. Unit cost (1 share and 1 warrant) was
$0.10 with the warrant share price set at
$0.15, compared to
$0.05 and
$0.08, respectively, just 4 months ago. Yea, dilutive, but the higher pricing of current issue would more than offset I think. Someone/people see more value here than just 5 months ago. As always do your own analysis and diligence.