F&F forget about selling to partners or funders. The sticking point is conditions. Exaggerated example: Funder: We’ll lend you 2mill for 30% stake. DC says no, we’ll borrow 2mill and pay back in unlisted options at a discounted 5 day vwap. Funder: no. We want options and 20%. And so it goes on.
Negotiations.
PRL Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held