They need some money before they can be cashflow positive. Where is the money come from?
Good thing is QOL did now borrow a cent from any bank, cannot be bankrupt. Maybe try the offtaker, I doubt it, they are dealers with no long-term commitment.
I guess it is tough to get a line of credit under such situation. So they have to ask it from shareholder.
I guess right issue at deep discount with free attached option is the way to go. Unless QOL can find a sugar daddy.
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