They are cum CR. 15% discount put the raise price of around 39c.
That aside, the autocratic Kraut is trying to brainwash all and sundry into thinking they are punching well above their weight based on funding thus far (refer to Unicorn slide which they took straight out of the Deloitte pack).
Going lower in the absence of revenue, a strategy and a business plan.
Ann: Investor Update Presentation Details, page-24
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