Crazy announcement.
I can’t believe it’s so transparent as to who wins (the entity getting paid 2x 12% interest and getting free options) and who loses (shareholders in the capital raise(s).)
Now I finally understand why this company exists and why the product demo has never appeared.
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- Ann: Increased Funding Facility of $1.5m
Ann: Increased Funding Facility of $1.5m, page-12
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