I didn't expect 30 million but selling another mil
Post# of 30028
Posted On: 01/27/2016 4:49:03 PM
Re: All Aboard #22177
I didn't expect 30 million but selling another million of series H which was set up to eliminate the horrendous series G which also backfired has me extremely gun shy.
Jrock on the other board says that "this is a bridge" which I hope will create a better deal in the near term.
The 7 weeks are interesting because it puts us right at the next Monaco growth forum and almost into the 2nd quarter which is when we close the LOI.
I understand why we sold the another million to keep the lights on and Jeff and infusion have a lot of money invested so the 1.5 million to eliminate toxic dilution makes sense from their perspective.
I guess we are gonna play the wait and see game and hopefully we will know more in the next couple of weeks.
Jrock on the other board says that "this is a bridge" which I hope will create a better deal in the near term.
The 7 weeks are interesting because it puts us right at the next Monaco growth forum and almost into the 2nd quarter which is when we close the LOI.
I understand why we sold the another million to keep the lights on and Jeff and infusion have a lot of money invested so the 1.5 million to eliminate toxic dilution makes sense from their perspective.
I guess we are gonna play the wait and see game and hopefully we will know more in the next couple of weeks.
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