Typical BUD... makes progress with PFG refinancing, then loses it and goes on to further damage credibility with misleading corporate BS.
The announcement notes as a positive that refinancing with PFG resulted in "a cancellation of 50 million of the 100 million options provided to Luminous" BUT - neglected to mention that 50 million options were then granted to PFG as part of their package. there is still 100m cheap options financing LIFX.
Just stop it.
BUD Price at posting:
5.2¢ Sentiment: Hold Disclosure: Held