Bearish
$SGBX In the spirit of Thanksgiving, Ceo Paul Galvin and the board of SG Blocks just filed a preliminary prospectus indicating that they intend to try and raise capital through the sale of a series B convertible preferred stock. I presume the intent will be to do a hard reverse split essentially wiping out most current shareholders and then try and print a deal. It will be interesting to see if old Joe J. at Think Equity can get it done.
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