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Posted On: 06/26/2019 11:15:31 PM
Post# of 72440
I completely disagree. Debt is the road to BANKRUPTCY. Don't you remember the way we acquired Brilicidin? PolyMedix was unable to pay its debts; IPIX (CTIX) bought virtually all its assets for $5Million. Let's not go down that road.
quote:
Instead of issuing massive stock dilution to raise a few million, issue promissory notes with 18% interest that they expect to pay off in just a year or two so as not to allow late investors to steal the bulk of the assets from early investors who have sat on their investments for many years.
gh
quote:
Instead of issuing massive stock dilution to raise a few million, issue promissory notes with 18% interest that they expect to pay off in just a year or two so as not to allow late investors to steal the bulk of the assets from early investors who have sat on their investments for many years.
gh
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