I guess I am more persuasive than you. What I asked is not considered "material change" information. I got the same basic info from McCormick (CFO at the time of my calls)and from I/R although slightly more detail from CFO. The old financings reflect the fact that a) The CEO did not negotiate the terms of the financings himself (he let the do that - the reason he is gone) b) They were a smaller company with much less revenue when those deals were signed c)They had planned an equity raise to take out the debt at above $8/share.
Now they have a CFO who knows small cap very well and the kinds of financings that are appropriate on the OTC. The new CFO has direct connections to big funders who are comfortable with small cap companies. Finally in the last 6 months revenues have skyrocketed and the company has proven the ability to grow at an enormously fast rate and a goal to continue to grow with better financing.
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