BIT 3.70% 2.6¢ biotron limited

covid news, page-60

  1. 3,534 Posts.
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    With Bullrush’s multiple posts, it’s easy to just dismiss him as an annoying troll, but lets be frank here, with no emotion.
    Non-equity funding is a serious concern, - here’s why.
    1) This is the first time Biotron has openly admitted that they do not have enough money.
    2) They have stated Non-equity funding because Michelle is no fool, she knows the company cannot stand any further dilution. Who would LOOSE more with further dilution?, Answer - Michelle would loose a fortune.
    3) They say “someone else” will probably come up with the money - But nothing definite has been stated.
    4) So if no “someone else” comes up with the money and they have to borrow it, now the company is in debt and actually owes money that has to be repaid. So now Biotron Must produce a deal or go bankrupt.
 
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