Please consider upvoting the announcement if you think it is a good capital raise.
A few things I like:
- No Regal or LDA involved.
- The directors are putting in $250,000 of their own money. They are unable to trade when they want like we can. Therefore, I see this as a strong long term vote of confidence.
- Shareholders of all levels able to contribute the same as sophisticated investors.
- Option are a really good bonus - effectively doubles your upside over five cents.
- Enough money raised to see through the negotiations with strategic investors and get some BFS funding.
Please consider upvoting the announcement if you think it is a...
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