Ann: Netlinkz to Raise up to $18m to Strengthen Balance Sheet, page-6

  1. 267 Posts.
    lightbulb Created with Sketch. 132
    uhh you evidently didn't read the announcements very well.

    go back and recheck the status of that 18m funding.

    they need shareholder approval to launch the raise, in order to get out of the bind they are in with Lind and CST. $2m due in 5 weeks, the remainder 6 weeks after, and 20,000,000 free shares for the hassle, watch them get dumped pretty quickly along with the collateral shares.
 
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