"that funding will close before quarter ends which
Post# of 96879
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Posted On: 05/01/2018 1:45:45 PM
Re: 2015invest #89759
"that funding will close before quarter ends which it did 2 day before the end of March. "
How?
Feb 28, 2018:
"We believe that in addition to the progress we have made, we will soon be closing with our partners that have committed to the ongoing funding of the company to achieve all of the goals that have been outlined in our business plan for 2018 through 2020"
Then on March 11:
"We have had some questions about our funding. As previously indicated, we have agreed upon terms and the only step left is for the funds to be transferred. We have received information that this will in fact be done prior to the end of quarter."
There haven't been any updates since then. The "quarter" ended 4 weeks ago. Then it was supposed to be the end of April and now magically it's supposed to be mid-May. Keep in mind that they've been dangling this $21 million carrot for at least 18 months when Foley was still in prison and Gulas was being recruited.
How?
Feb 28, 2018:
"We believe that in addition to the progress we have made, we will soon be closing with our partners that have committed to the ongoing funding of the company to achieve all of the goals that have been outlined in our business plan for 2018 through 2020"
Then on March 11:
"We have had some questions about our funding. As previously indicated, we have agreed upon terms and the only step left is for the funds to be transferred. We have received information that this will in fact be done prior to the end of quarter."
There haven't been any updates since then. The "quarter" ended 4 weeks ago. Then it was supposed to be the end of April and now magically it's supposed to be mid-May. Keep in mind that they've been dangling this $21 million carrot for at least 18 months when Foley was still in prison and Gulas was being recruited.
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