Understood flaflyersfan. You are correct, to actually submit them, but to do the creation of them I believe is the cost because they have accountants do the number crunching.
Absolutely agree for those of us who have been here a while (myself since 2014 although I wasn't involved with posting on this board and others longer). None of us were happen on the going dark aspect. In retrospect, the OTC companies are not required to file, even though we all want and need that information to make a better informed decision.
Honestly, I really believe it goes back to the lack of product to show for the previous financing. It certainly brought REDG into a whole. A few here looked at that increase of AS as a better move than a R/S though and in a way helped keep things moving, as much as we hate to see such a large amount. Had the R/S happened, there is a good chance the death spiral as others have brought up could have happened.
Fortunately the R/S didn't happen and REDG now has 3 products bringing in the much needed revenues to actually move this company forward.
No one here enjoys the AS or the OS, but with the amount of revenues based on our best projections, many here see those two as much more manageable and certainly in terms of pps from our current position.
You are clearly a more experience member here and I'm sure most appreciate you coming over to the board and contributing. Great to have you here and sharing to help us all make good decisions. thanks again, thedocg.
