The forum has gone unusually quiet, so lets consider the following.
The company has often plaintively stated on the forum, through minions, that the NET near term goal is to continue to improve it's Financial posture and Balance Sheet.
Which would be a natural step for a company looking to avail themselves of more traditional, and less expensive financing.
This capital raise has caused many to question how the Exchange would allow it, I think many are missing the fact that I believe there is a chance that this raise was done under the strictest review by the Exchange, thus..... the company has scaled back flowery sale statements, brought in a new Chairman, replacing the questionable dual role of JT, whose salary had painted a target on his back.
So when NET began the needed new capital raise, needed because of the cash burn, many here saw that one coming, no I think the Exchange was either solicited, or was on the spot, I think that the method of the raise, and the fact that current shareholders were at the same starting line, is indication that the company has presented a compelling story, with the acquisition's pre-established financial legitimacy, declared to the Exchange, and thus was used as justificatory evidence.
Hence, new capital has arrived, an acquired company is in place....... to help, the stock is historically inexpensive, and with these facts, an ANN or two, facial rec software picked up Brett getting off a plane in Sydney from Gotham, well ...this could move.
Fundamentals will be important, as they always are...but ...well...Brett's back.
Just saying.....
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