Sine 2015 FGR have raised just under $40 Million, massive dilution for the less than $1M revenue they have achieved in that time, they have also received near on $10M from grants and rebates. Lots of money raised, lots of free options issued, bonuses paid to convert options to shares which went where? lots of fees paid FGR is a company that only looks after the interests of the executive offering only unfulfilled promises to its long suffering holders.
AJC/GTS will far exceed what FGR have done in the last 5 years with somewhere near a $4M investment and in less than 18 months.
Let re visit this post in 12 to 18 months.
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