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Re: zerosnoop post# 25465

Wednesday, 01/13/2016 2:43:08 AM

Wednesday, January 13, 2016 2:43:08 AM

Post# of 56851
But you can read this any way you want, all of the following can be factually true from the statement published:

I am pleased to assuage these concerns by saying that additional funds have been and are being secured to continue our operations in 2016.

Could mean: We need $10,000,000 and we've raised $10. $10 has been secured, and we're working on the rest.
It could also mean: A billionaire has bailed us out in entirety, or it could mean, we're selling warrants and a few people have taken out their options on warrants. It might also mean someone bought some shares at fire sale prices.


However, what would alarm me as an investor is that this doesn't say they intended to fund via sales.