Plil you say
Why would a fund pay any more - they don't pay retail, and if they did, they could buy on the open market - they want a discount. Sometimes a steep discount to the retail price. Sure, throw in a good deal, like some warrants, and depending on terms, they will pay more. But it won't do the share price any good, could even
Try buying 10 million shares on the open market without pre- arranged deals and see how many shres you can get at $.55 before you drive the sp to $2.00..You'll be far short of the 10 million before it goes well over that $2 bucks or it will take a mighty long time to get them. So that statment doesn't hold water.