Also, this is why it is clearly stated in the S-1 that they need to have it done in 90 days. 90 days from jun 26th fits very very well with the Oct 1 deadline to exercise the land option.
At that time, they hope to have the s-1 effective plus the $$ to pay off all the other loans, $$ to pay for the land and potentially an approved permit. That is the money coming from crownbridge
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