Fundamentals, page-116

I’d expand and add that when a companys going concern is at risk it is imperitive to access funds quickly. Management would have had to pull out all stops to raise that quickly (beg?) and the fact they achieved it while doing a radical change in processing method is commendable, absolutely zero chance a public raise would have been viable in time or wise to do as that in itself incurs a considerable cost.

The board obviously didn’t participate as there was no announcements stating that. Any attempt to insinuate that there was stinks of sour grapes to me

GL
OS