Zeev,, Iwouldnt worry about it,,
It was a means to raise capital for RNTK for upcoming acquisition ...
This 10 million dollars will be eaten up very fast as soon as the license deal is announced,,
RNTK at 1 and change will not be a risk with this over hang,, after all TAVA had 8 million share over hang...
Further the price appreciation from 3/8 to 2 1/2 was due to people like Howard Weil buying ,,as an intitial poke...
Yes Howard Weil ,, the biggest money investor in oil and gas,, they put up more money for oil industry then Morgan Stanley ..
I am sure you had some bad experience with your past stocks,, but I believe we are in a different league here with some of your past picks,,
I know you are very good at your DD and have admired your insight,, suggest you talk to the company Zeeve and see why I am so bullish in this company ... You will quickly grasp the reasons..
Joe TAVA / RNTK |
