Exactly Klotho. I don't trust the ability of this management team to do the right thing by shareholders. The lack of communication has been, IMO, almost negligent. I won't support the capital raise as I don't believe that the directors will do anything other than publish occasional, rehashed updates that simply kick the project can down the road. In fact, I don't believe this company will have achieved any material progress 12 months from now. The "non-equity funding" debacle lost my trust completely.
Ann: Proposed issue of securities - BIT, page-109
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