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Monday, November 02, 2015 9:46:39 AM
As far as toxic funding, NO BIG SURPRISE, this is a micro cap developmental stage company, it is going to happen
Actually legitimate companies dont engage in death-spiral financing. A real board of directors would never allow it. The companies that go down this road end up in the pennyland graveyard.
That's why they call it TOXIC Financing.
And the companies that take it on are usually the ones trying to sell hope rather than reality.
"The companies that are willing to agree to financing on these terms are often desperate and could not obtain funding through any other means."
GLTA & JMO
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