I called continental stock exchange who handles NEPH's RO and the rep who can answer my over subscription question was 'out to lunch'. Thanks Oose for confirming this. I know it would suck if the little guys are not invited to the dance and W/L gets all the remaining cheap shares at 0.30 and suddenly a positive news hits..but it is surely the kind of news I'm wouldn't mind hearing. We are so overdue for this!
I called fidelity and I was told what was basically on NEPH press release that we can only buy 0.28 per one share at 0.30pps that we own (we already know that) as of Jan 31, 2014. What's interesting is we are not allowed to oversubscribe! I guess NEPH is acting as if they have an impending breaking good news in the near future, lmao. Can someone confirm if in fact we cannot oversubscribe to this offering. TIA.