"I think equity security does not mean shares in the company" That is 100% exactly what that means. Equity security = investent via stock issued by a company.
Refer to my first post which said:
"With all due respect, I don't think you understand the announcement, and in all honesty it's a pretty standard ASX-101 type of funding agreement that is very common on the market."
Mods removed it because what you were saying was misleading. They even told you why it was misleading:
You have 5,200 posts on a stock investment forum and you cannot interpret a basic loan agreement document? Unebelievable.
Ann: Aquabotix Enters CRADA with US Navy, page-16
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