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Re: Ready4bluesky post# 56567

Wednesday, 03/09/2016 8:02:27 PM

Wednesday, March 09, 2016 8:02:27 PM

Post# of 704237
She was protecting our ownership too Ready. We wouldn't have had a company to protect after Adam's series of false and misleading headlines and articles in 2014. Cognate's willingness to take shares for receivables conserved cash and kept the company afloat. If you know of another financier who was willing to provide funding during that time, please let us know. But the company was out of cash and would have gone under. Not only did it assure continuity, it assures reliable manufacturing of the product by a company that will not sue them or try to steal their intellectual property, or provide defective product.

Why should they have their receivables diluted with each financing. They provided services with hard dollar value. It is unreasonable to think that monies owed should become worthless as the company continues to operate.
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