The market is being rumored that a secondary offering in coming after this new acquisition. Not so. In the eight-k that said it would be financed through borrowings and other outside sources.
MEMP announced today a secondary offering of 8.5 million shares which has been reported in the press. Before you make foolish statements, you should check the company and other open source data. Apparently a lot of folks knew well in advance, huh?
yea i screwed up and admitted as such....so FO!