Yes, rj, does that not imply massive dilution with this direct offering? How in the world can Joe raise $40-70MM with an equity offering on a company with a market cap of $27MM without massive dilution? Please help me with this...
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Narrow that down to-
Caller: And that 90 million would include the shares for the $40 million you're looking to raise.
Joe: Absolutely not. That would be just the dividends.
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