Hi Slogger
I see where you are coming from. Let me explain
It generally isn't a bad thing to lock in a key supplier as a cornerstone investor where their services are swapped for Shareholding.
But right at this point MNS will run out of cash in 6 weeks if not sooner. Surely you understand that MNS therefore needs cash from its "cornerstone investor" and enough to pay for a ton of commitments already made not to mention day to day operating expenses. Cash that has to be in the bank in 6 weeks or less. Its all about timing. Better timed yep bring them in and give them shares...but that won't help MNS right now.
Hope the difference makes sense. I genuinely hope there is an announcement really soon that details the cornerstone investor/s and that the investor/s aren't using the perilous MNS cash position to significant ratchet up the % of the pie they want in return (because its one hell of a bargaining chip....I imagine if they held off for 4 weeks they would get a bigger slice )
Hope that clarifies my comments
Cheers
564xxl
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