Yes, Wolverton was the agent on the 1.00/sh issue of 3.5m shares ... they got 245,000 in cash, .07/sh, and very likely, whether they were house shares or client shares, most of that paper resided at their house until yesterday when they could begin to distribute it ... details in the prospectus - sedar.com
And you could be right on the gap after such a long halt and CoB, maybe it's insignificant ... still, the great majority of gaps get filled.
But that faq page, man ... hoo-hah ... some journalist is gonna rip its writer a new body orifice over the weekend, i betcha ... comin'-up-roses hypey combined with bad science and moronic spelling mistakes and an utter lack of specifics ... and they're real specific about the lack of specifics -
"Question:
Will Xogen Power Inc. provide full
disclosure of the Technology?
Answer:
No, the specific details of the Technology are
proprietary to Xogen Power Inc. and are subject
to the strictest confidentiality."
So, it's strictly a black-box play, one trusts these strangers with all the cheap paper, or one doesn't ... the way to play these in the desert dirts was flat or short, as i recall.
This is kind of amusing, the guy picked up on the faq page too - stockhouse.ca |
