Blurrt,
The NS deal was pretty much shareholder 'date-rape', in my opinion. One can only pray those who were in favour of it keep a more wary eye on their drinks in future.
Turns out we can distribute our products without spending vast sums of borrowed money to fill others' pockets and for a fading gym biscuit importer's warehouse (including biscuits, woohoo!) and shelf-space....in shops, bwahaha.
Still got their sticky paws well into the jar with the Convertible Notes, the total sum of which revealed what sort of modest funding was really required to launch Reduit - 4 fifths of 3 quarters of eff-all.
As if informed holders wouldn't have forked over cash for a little CR if we had been told what they all knew.
On the positive side, should be able to buy NS outright for cash in a year...won't that be a great strategic move?
Screw shareholder dividends, imagine the dazzling synergy between Reduit and a company which sells imported gym biscuits!
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