All I’m aware of is that they know they need
15 mill to move forward.
A raising is in place currently,
And I can only speculate it’s for all of the 15 mill and retail investors will have an opportunity to get it the same price because there is going to be a big discount given.
That’s all I can give as that’s all I know.
I find it hard to believe also that an institution will give them the money also but that’s what it is.
It better be underwritten because I don’t think they would even raise 1 mill from retail investors.
Anything short of 15 mill will result in another CR or raising somehow that was confirmed from high up.
(Before revenue generating)
We will know this week as I was told we should hear something this week
SAS Price at posting:
2.8¢ Sentiment: Hold Disclosure: Held