Don't hang in there too long, Surfboy. It was Rockefeller, or JP Morgan, or some very rich dude when asked how they got their fortune they said (with tongue in cheek) "I always sold too soon..."
Surf do you buy the same amount for each price? So if you say yes, than about $2.40 is your price.
What will happen if all the investors convert to the stock for $1.50 in 10 days?