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Re: EP$$ post# 25201

Wednesday, 10/01/2014 2:38:38 PM

Wednesday, October 01, 2014 2:38:38 PM

Post# of 42734
They have funded the company primarily this way (dilutive financing) since inception. Nothing new on that front. Even after the grant(s) they will probably still have this practice in place(at a reduced rate I'd hope), due to the fact that the grant(s) most likely do not cover 100 percent of what the company needs to run, or be responsible for, perhaps past debts, and that sort of thing. The Grant(s) do cover direct and indirect costs though. I take it for what it is. I knew what I was getting into when I purchased TDCP. Good luck to us all.

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