lawsuits are coming
no problem.the management of pgrx take care shareholders very well lol.
they give us a lot of shares to buy.
why over 40 million new shares at 12 cents if they can it better at 8 cents with 60 million.
they should burn in the hell.
lol... I think it's because they had no luck at .22 cents with the rights offering when the stock was trading between .13 and .18 cents
Exactly. the PGRX management like to add fuel to the fire.
When market price is 0.27, they announce a rights offering of .22, soon the open market price crash to below 20 cents, which makes rights offering not attractive at all.
So now the market price climb back to 25 cents based on the good news ( pre-feasibility study) , they announce a public offering of 12 cents