Ann: Fourth Amendment to LDA Put Option Agreement, page-62

Well said ... as was this comment from AARONASX on another forum:

In my opinion, there are instances where contracts may not be signed until sufficient proof of financial stability is provided, ensuring the company has the necessary funds to operate and sustain itself in the long term / support company X to the product launch point....The last thing you want is to sign a contract, only for the company to go bankrupt shortly after. This scenario is comparable to when people put money on a house deposit a few years ago only for the company to go under 1-2 hours later where families lost everything, we are just on a much larger scale of dollars.

The Prophesee debacle makes it imperative for BRN to be financially strong in the eyes of those wanting to sign long term contracts with the company. This finance facility is a positive development imo ... and it may well be followed soon with an announcement regarding a commercial agreement.