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Alias Born | 06/18/2015 |
Tuesday, January 12, 2016 5:44:53 PM
As Hartman stated in the PR for this financing deal, BIEI is using the proceeds for operational funding and to consolidate outstanding debt. The succession with which these two notes were issued leaves but 2 options for its use, namely:
1) JV consultancy fees
and/or
2) Consolidations of prior debt
There is nothing new here, nor surprising.
Everyone needs to calm down and wait for JV news, just like before.
Good Luck to ALL
-Lord
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