No. It's not what I'm saying. What I'm saying is that the May 5 press release is misleading.
What SWET has is little more than the functional equivalent of me visiting my local bank seeking $1.5M to buy a new house. The banker says, well Cycleman, if you sell your current house, increase your salary from $75K/year to $300K/yr, pay off your $100K in student loans, and do a couple of other things then come and talk to us. That's not conditional financing nor a conditional financing commitment.
What SWET suggested is that if it does all those things, it will have Nat Stds money. But that's not what it has.
There's a pretty wide gap between the two.
