going forward, page-38

Nobody has pointed out the obvious problem.

The 5% free shares issued are already at the shareholding limit. Theres no more room left for further funding.

The funder can sell shares to decrease their shareholding, but that would send the share price to below the share price limit.

The obvious conclusion is that the clauses in the agreement are such that no funding can ever materialize.

Again, equity lines aren't an alien thing to me, I've seen it before with Springtree and BCC. The clauses however, dont make sense at all!