Thursday, July 20, 2017 3:02:10 PM
With mezzanine financing your probably looking at equity at 80% cost and from acredited investors not people looking to cash out right away.
It's a much more stable alternative. It also means that accredited investors are willing to accept a valuation of the company. $3million is a nice cash infusion unlike the convertible notes of today which are paying the light bill more or less. It's expansion money.
Remember dilution doesn't hurt until people unload.
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