A dilution of 15%
a placement at a discount of 25% to the current share price
and you think this is good?
The money was for "working capital"
I bet you Cornells are thrilled.
I thought Cornells had capital reserves you touted on hand for SKG.
Thats right....SKG cannot get their hands on that until the 850k loan is repaid.
SKG
skynetglobal limited
skg placement, page-3
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