I think the only thing we public investors can go
Post# of 11899
I think the only thing we public investors can go on for now is what has been stated publicly thus far, in announcements, PRs and articles, so who really knows for certain about these private funding deals. I would not jump to conclusions though....
" The terms of the SPPA allow Green Asset to draw down funding over a three-year period once the company is listed and has an effective registration statement covering the shares to be sold pursuant to the SPPA . The SPPA also provides that the price at which shares may be subscribed by EPF is 90% of the lowest daily volume weighted average price during the fifteen consecutive trading days selected by Green Asset and set forth in a draw down notice sent to EPF. Green Asset is able to specify a minimum acceptable price for each draw down period to prevent significant dilution in the market below what the company feels is an acceptable price ."
FYI, Green Asset Inc website shows MCM content....
so it appears that Cheryl has basically spun Green Asset International into MCM, which is a wholly owned subsidiary of RFMK, thus, "Green Asset" IS a publicly traded company. Who knows, its all speculation until it is official but I suspect we can all see the writing on the wall, or at least I hope most can see, I have been very wrong before.
Hope this helps....
$RFMK