I like your thinking Ozelectro, and that would certaintly fit a more appropriate justification for the CR given the opportunities in front of us.
If Nanodx are letting us flounder around on our own, looking for a few dollars to keep the lights on, they must have huge cojones....
It's going to have to be a ripper of a slide deck to convince me to vote for the options. If I understand correctly,
- EverBlu has put up $250k
- They immediately get back $150k in fees
- They get 36.7M options at 0.085 with over 2 years to exercise.
Can't see how putting up effectively $100k at risk, deserves such largesse. With a 1c rise in SP over 0.085, they recoup over 3.5 times their investment.
Have I misunderstood something?
If not, very disappointing.