Posted On: 04/28/2016 12:04:05 PM
Post# of 22940
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Re: tradingjeff #7212
Now I see the reason for possible pps stabilization as insurance against dilution: It seems (from the agenda item) that we'll accept stock for license fees... that means they can buy our licensing at a discount and issue their own stock. If we accept stock rather than actual cash, we'll need to dilute to meet operating expenses. Just a point of fact...an LOI is usually non-binding to both parties. Until I see an underwriter approving this loan, I'm personally not counting on it. HOWEVER....if we do get it... HOLY COW!!!! I'm hopeful, but as always, questioning and cautious.
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