Where to even begin, you demonstrated in a number of posts that you didn't understand how an ATM facility works
Mistruth #1) "Acuity is onboard as our private financier and backer"
The Truth is Acuity have paid Sayona $0. They are simply the middleman who will be acting on Sayona's behalf to sell shares on market when instructed to do so. No financing, no financial backing, just turning on and off the sale of shares tap when instructed to do so
Mistruth #2) - That the holding deposit / collateral of 250m shares that Acuity is now granted (For a grand total of $0) to manage a facility that can sell shares on market to generate up to $200m, means that the SP is "Valued at 80c"
The Truth is that Acuity is granted a deposit or collateral holding to manage the facility. Abit like if you buy a $1m House and you pay a 250k deposit..... It doesn't mean the house is valued at 250k
Mistruth #3 - "Acuity wouldn't have just increased it to $200 million without raising $190 million"
This was my favourite out of all 3 as it shows you do not understand how an ATM facility works. Acuity didn't have to raise any money, as they are not paying anybody anything. They are simply selling Sayona shares on market (That Sayona give to them free of charge), they sell it on the terms and conditions that Sayona instructs them to and simply send you the proceeds. They don't charge their customers a fee or take a chunk for their service. I would suggest you do some digging over the weekend on how ATM Capital Raise Offerings work
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