WHAT EVERYBODY FAILS TO UNDERSTAND THAT THE FACT OF BEING ABLE TO OBTAIN 41 MILLION IN FINANCING IS BY ITSELF " MONNUMENTAL ". ABOUT A MONTH AGO I THOUGHT THAT WAS JUST SIMPLY " IMPOSSIBLE ". OF COURSE THERE WILL BE DILUTION. WHAT MGT. HAS DONE HERE IS SIMPLY BUY TIME TO GET THE BUSINESS GROWING; AND THAT HAS A DILUTION NEGATIVE TO IT. BUT I WOULD TAKE THAT ANYTIME OVER INSOLVENCY. THE QUESTION THAT NEEDS ANSWER IS THE GROWING BUSINESS MODEL HERE. IF MGT. CAN SHOW SALES EXPANSION THEN WE HAVE NO PROBLEM AND THE PPS WILL MOVE HIGHER. I BELIEVE INSTITUTIONS DON'T JUST HAND OUT 41 MILLION IF THEY HAD NO CONFIDANCE IN FUTURE REVENUE GROWTH IRREGARDLESS ON HOW TEMPTING THE WARRANTS ARE. SO RELAX EVERYBODY, POWER11 SAYS WE MOVE HIGHER, BE PATIENT.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.