I can feel your frustration, but lets look at the reality ... real revs have to come in the next 10-20 weeks... if they don't this deal is DEAD! Axis Capital is a real firm.. note.. they will not be dealing with US based cash .. because the product does not work with US based carriers currently. IF 20mm is raised in a SUB ..(at $100 mm valuation.. appox $0.50) it also is NON.. dilutive, (takes away from some revs top line and bottem line..) but STILL amazing funding if.. closed!.. this will help anyone long this stock (hence me!)
either way.... India looks like the first market that 5BARZ will have a TRUE purchase order from, hence Axis Capital's involvement! There will be more to come this year. question is HOW MUCH more and what the bottom line will look like in the future ... either way... looking better...and I think this just may be the start!