If they raise $2.5m I’m sure they will say it’s “oversubscribed.”
The fact they’ve only set out to raise $2.5m with a market cap of nearly $100m shows how little demand there is for a company with that market cap.
Ill counter re evolution with IBX. Have a look at its performance, I’m happy to put together a post with a list of examples that evolution have barbecued- the evolution “grave yard” list if you’d like?
WW
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