Much has been said about this approved 21mil. As per Dennyd it can not be released until the 500mil is complete. When that would be, nobody knows. That being said, I would like to call the “approved” 21mil as tentatively approved. So why was Nanotech chosen with a long list of previous toxic funding and with a couple court problems. That would be a hard sell by the fund manager to the fund investors in my view.. But still 21mil was allocated to our company, wonderful. Now back to the reason for the 21mil not releasing until 500mil is complete. When 21mil was allocated and was approved months ago, so the funds was already there right. So I don’t understand the reasoning for waiting for the whole 500mil to complete so that funds for NTEK be released.
I also would like to believe that Nanotech was provided with a prospectus of the funding company. Anybody ask for the name of the funding company. I think prospectus is readily given to any company/anyone if requested. almo.
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