I didnt want to scare the holder who questioned the con notes half to death, but of course your right as the $20m dillution WRM gave their holders and the $20m already spent by their aquistion partners already at a huge loss means that WRM have spent over $40m dollars on a loss making entity and only has con notes left to raise any more as NOBODY else will touch them
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- Ann: Convertible Securities & Equity Placement Agreement Executed
Ann: Convertible Securities & Equity Placement Agreement Executed, page-11
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