I think the main purpose was to assure shareholder
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Posted On: 07/23/2018 12:00:14 PM
Re: investorxc #26982
I think the main purpose was to assure shareholders they are executing plan as outlined in previous pr even though there was nothing that moved the needle. The way I understood the message is:
1. Stand-alone private funding is not happening
2. Executing back-up plan of raising equity through Reg. A. The fact that they are just laying the ground work for this implies they were close to getting private funding and/or joint venture.
3. If all else fails, raise equity through long term debt/restricted securities that will result in further dilution.
1. Stand-alone private funding is not happening
2. Executing back-up plan of raising equity through Reg. A. The fact that they are just laying the ground work for this implies they were close to getting private funding and/or joint venture.
3. If all else fails, raise equity through long term debt/restricted securities that will result in further dilution.
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