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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Ed Ajootian who wrote (183022)3/13/2014 9:49:27 AM
From: kollmhn  Read Replies (1) of 206184
 
Ed-

"………..announced today it intends to commence an underwritten public offering of 10,000,000 shares of the Company's common stock after giving effect to a 1 for 4 reverse stock split that will occur concurrently with pricing of the offering."

How do you interpret this? Are they offering 10mm shares at current prices and then doing a 4 for 1 reverse OR are they doing the reverse first and then offering 10mm at $7-ish? OR, sell 2.5mm of reverse split stock?
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