My thoughts have been that an agreement would cons
Post# of 41413
Either way, I think a RS is necessary at some point. RSs are only bad when they're used as an an accounting smokescreen to make a company look much better than it actually is. When that's the case, the bottom falls out. However, when done for the right reasons, a RS can be very helpful.
If a RS has to been done to secure financing and a lease agreement, then so be it. Personally, I'd love to see a PR for a 100/1 RS IMMEDIATELY followed by a PR announcing a lease agreement and financing. The PPS won't dip much, if at all, when there's that much substance to the RS. If the aforementioned scenario played out, we'd be at $5-$10 at cert with a very reasonable OS. At that point, the sky's the limit!!
My point is this...a RS isn't always bad. If it is needed to secure financing, then great!!