Is 333D share offer the financing you are waiting on?, page-6

Here's a diagram of how it works.

The reason you haven't seen much discussion about it is that KNL shareholders aren't really affected either way. The JV with 333D is not a core part of KNL's business, nor is it a factor to be taken into account for estimating future revenues or probability of debt funding.

As part of the JV negotiations it was included that KNL holders could be first in line to buy 333D shares as part of their backdoor listing. KNL holders don't have to, and KNL does not own 333D. KNL has a 50% interest in Graphtech, as does 333D.

KNL holders may or may not want to partake in the 333D backdoor listing - I suppose it depends whether they want shares in a general 3d printing company, keeping in mind KNL holders have the benefit of 50% of a 3d graphene printing JV.

Again, best of luck in your endeavours but you may need to reconsider your analysis of the facts.