40% discount for sophs. Some see this as a rip off, but really those people are just uninformed; it's a value entry for those who firmly believe in our product.
We've got $352 in cash equivalents atm and expect to spend about $6.3m next quarter. $4m of that goes to my pocket as CEO and expecting a future cap raise with maximum dilution. Don't be concerned though, because instead of 100m shares, there will be 200m shares. It will increase the market cap of the company so everyone wins, especially me!
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