Standby for selling pressure of $150k p/m during months 1-12 and $300k p/m from months 13-24 at a significant discount to VWAP. Unless MC exceeds $35m or falls below $10m. Then it's a free for all sell off.
Hard to see significant SP gains with this kind of sustained selling. This deal is as bad as inviting a shorting attack on shareholders.
Rinse and repeat, LIT did this a couple years back after failing to raise funds from capital markets and the SP declined rapidly = Fact.
This is like a pay day loan shark facility. Selling your soul to the devil, I'd say desperate times do call for desperate measures.
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