the problem is not the capital raise itself, but the company...

  1. 6,402 Posts.
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    the problem is not the capital raise itself, but the company itself.

    they raised twice in the last 12 months without a sale, essentially, what they were talking about this time around vs last time is exactly the same thing, develop the product, someone gonna trial the product, someone maybe paying!!!

    secondly, I remember, last time, they had 2.8c close before they announced 0.8c raise, this time, its almost similar, except they didn't manage to hype to 2.8c without the help of Paderson Security imo.

    lastly, obviously, they didn't get along with Paderson, so they engage someone else, which usually means a stitch up and sale on market soon after raise.

    as to the product itself, the real estate agent will never, never, ever use those unmarketable pictures for selling properties, end of the story really. they usually do 3D video anyway.
 
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