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