100M$ financing has been secured.
Will be highly dilutive at the beginning as they will issue shares at 90% of market value.
So if for example they withdraw toady 10M$, they would issue shares value at 4,5 cents meaning about 200M shares for that first draw only.
Hope shares will climb rapidly or expect a reverse split rapidly.
Will be highly dilutive at the beginning as they will issue shares at 90% of market value.
So if for example they withdraw toady 10M$, they would issue shares value at 4,5 cents meaning about 200M shares for that first draw only.
Hope shares will climb rapidly or expect a reverse split rapidly.
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