Talking about funding. There are other options which has not been mentioned if ADO need another 12 months of funds before substantial revenue arrives.
Both the below require a concrete revenue deal but there are other options than to just another CR.
A loan. Conventional finance loan or loan from EV1.
Another is prepayment for first/few contracts.
I would think the equity stake idea has more merit but there are other potential options if management think outside the box to save dilution.
Talking about funding. There are other options which has not...
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