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Alias Born | 02/27/2014 |
Wednesday, November 26, 2014 11:44:56 AM
First, it excuses the excessive dilution in 2014, almost entirely. Fear of excessive dilution will go away, and investors will focus on fundamentals instead.
Second, it secures that future capital raises will be priced well and it protects us against Frost liquidating a busted out company as a bondholder
Something gotta give in 2015, we cannot continue down this same path for much longer..
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