$HDSI from poster on iflub!
Rauner's getting RID of inherited toxic financing deals in a managed way, that's one of his earlier PR's and the letter/ email from Vik Grover Asset Manager, that I posted yesterday again...
Very transparent about that, and the NEW NON-toxic financing and how it's being structured... forget about new "toxic financing!"
As far as trading goes, there's plenty of shares from buying and selling, and they explain how they plan to use up the preferreds to the benefit of the price and shareholders as their plans proceed...
I don't want to paraphrase and risk getting it wrong, go to the originals: but your basic assumptions are totally wrong here!
Also check out the discussion of possibly including shareholders in future financing with an opportunity to buy preferred shares.
Since there is the possibility of uplisting to OTCQB which requires maintaining a one penny min., boosting share price is clearly a HUGE consideration!
They're talking about needing new shares down the road to finance more development, as all co's in this position must but for now and until we're told otherwise, with this float and new investors coming in holdin' is golden IMO!!!
Sounds like a lot of PPL need to read the April 13th PR, it's a lot to absorb! There is so much nonsense being made up on this Board!
/ April 13, 2015 / HDS International Corp. (OTC:HDSI), a technology development company, today announced that it has begun receiving funding from a West Coast-based institutional investor that committed $4.6 million in debt and equity capital to the Company earlier this month. Specifically, the Company took the first $40,000 from this investor under a $600,000 debt commitment last Thursday, and executed an equity term sheet with the investor for up to $4 million in contractually committed funding over the next 36 months. That same investor has purchased an initial note from a New York investment group and optioned the second note owned by that same group, with a final closing deadline in early May 2015. The equity facility funds at the discretion of the Company upon filing and effectiveness of a registration statement and may require an uplisting of HDSI to the OTCQB marketplace.[/b] The terms of the financing programs allow the Company to obtain additional funding from other sources in certain instances.
HDSI worked with its investment banking firm Source Capital Group, Inc. ("SCG"
to negotiate these agreements. According to HDSI CEO Paul Rauner, SCG deferred fees associated with the initial control transaction and for this round of funding, accruing its fees so that they may be disbursed at a later date under mutual agreement between HDSI and SCG in the form of equity and/or notes. "Our banker, Vik Grover, has gone above and beyond, deferring fees and even structuring a personal investment in the company because he believes we are building the world's next-generation E-911 and disaster management and response platform." The Company has indicated that the immediate funding goal remains to source the $600,000 required to 'vest' an exclusive license to SirenGPS technology in HDSI. The investment vehicles put in place are adequate to meet that goal.
Additionally, HDSI intends to explore a follow on round of funding that would allow existing shareholders as of a record date to make a direct investment in the Company. Rauner explained: "The traditional model to raise money in a public company is to issue shares to an institutional investor under advantageous terms only available to select investors. Under the JOBS Act, there has been a proliferation of 'crowd funding' that opens up markets normally not accessible to the average investor and we would like to do something similar for our shareholders. The basic concept is to give our early stage shareholders an opportunity for direct investment in HDSI, letting them purchase preferred shares in HDSI thereby mitigating dilution from our institutional financing program over the next year.
Rauner's getting RID of inherited toxic financing deals in a managed way, that's one of his earlier PR's and the letter/ email from Vik Grover Asset Manager, that I posted yesterday again...
Very transparent about that, and the NEW NON-toxic financing and how it's being structured... forget about new "toxic financing!"
As far as trading goes, there's plenty of shares from buying and selling, and they explain how they plan to use up the preferreds to the benefit of the price and shareholders as their plans proceed...
I don't want to paraphrase and risk getting it wrong, go to the originals: but your basic assumptions are totally wrong here!
Also check out the discussion of possibly including shareholders in future financing with an opportunity to buy preferred shares.
Since there is the possibility of uplisting to OTCQB which requires maintaining a one penny min., boosting share price is clearly a HUGE consideration!
They're talking about needing new shares down the road to finance more development, as all co's in this position must but for now and until we're told otherwise, with this float and new investors coming in holdin' is golden IMO!!!
Sounds like a lot of PPL need to read the April 13th PR, it's a lot to absorb! There is so much nonsense being made up on this Board!
/ April 13, 2015 / HDS International Corp. (OTC:HDSI), a technology development company, today announced that it has begun receiving funding from a West Coast-based institutional investor that committed $4.6 million in debt and equity capital to the Company earlier this month. Specifically, the Company took the first $40,000 from this investor under a $600,000 debt commitment last Thursday, and executed an equity term sheet with the investor for up to $4 million in contractually committed funding over the next 36 months. That same investor has purchased an initial note from a New York investment group and optioned the second note owned by that same group, with a final closing deadline in early May 2015. The equity facility funds at the discretion of the Company upon filing and effectiveness of a registration statement and may require an uplisting of HDSI to the OTCQB marketplace.[/b] The terms of the financing programs allow the Company to obtain additional funding from other sources in certain instances.
HDSI worked with its investment banking firm Source Capital Group, Inc. ("SCG"
to negotiate these agreements. According to HDSI CEO Paul Rauner, SCG deferred fees associated with the initial control transaction and for this round of funding, accruing its fees so that they may be disbursed at a later date under mutual agreement between HDSI and SCG in the form of equity and/or notes. "Our banker, Vik Grover, has gone above and beyond, deferring fees and even structuring a personal investment in the company because he believes we are building the world's next-generation E-911 and disaster management and response platform." The Company has indicated that the immediate funding goal remains to source the $600,000 required to 'vest' an exclusive license to SirenGPS technology in HDSI. The investment vehicles put in place are adequate to meet that goal. Additionally, HDSI intends to explore a follow on round of funding that would allow existing shareholders as of a record date to make a direct investment in the Company. Rauner explained: "The traditional model to raise money in a public company is to issue shares to an institutional investor under advantageous terms only available to select investors. Under the JOBS Act, there has been a proliferation of 'crowd funding' that opens up markets normally not accessible to the average investor and we would like to do something similar for our shareholders. The basic concept is to give our early stage shareholders an opportunity for direct investment in HDSI, letting them purchase preferred shares in HDSI thereby mitigating dilution from our institutional financing program over the next year.
I'm in it to win it!
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'
