i am a little surprised by this outcome if I'm honest Pharvest.
All the postulating by mark about no capital issues and is against dilution and yet here we are knee-jerking into a raise at a discount. it does speak to his credibility a bit which is not the first time in my opinion.
like you i was hoping for a more creative short term financing solution. even a convertible note would have been better as we may have been able to repay. or deposit for a customer... so many options.
anyways. still a fan but would have liked better news.
on the flip side it seems to be an easy source fo money - just shuts me that these same instoa will get their 20% profit and likely dump for profit. hoping they have some caveats and he has selected long term investors.
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15 | 52362 | 0.560 |
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