NanoLogix Inc (NNLX)

[drugmanrx]

Actually quite of bit of elaboration is necessary.

Self-explanatory statement, no further elaboration necessary.

Don't those two statements contradict each other?

Happening now:

current SEC Regulation D, Rule 506 offering for private placement sales of shares.

Not happening now:

Any share issuance financing for this expansion is being structured primarily, but not solely, through a series of equity tranches and stock warrants. Using this method, the Company hopes to keep stock dilution to a minimum and will proceed with the interests of the shareholders in mind, including extending the timeline for expansion as necessary if equity costs are not favorable to NanoLogix."

Was the offering pulled?

Which one is it?

Also

Based on this statement

including extending the timeline for expansion as necessary if equity costs are not favorable to NanoLogix

.

Growth is being determined by stock price rather than actual increase of sales or demand for the product.

If stock failed to rise company would not be able to meet demand, hence hurting the shareholder worst than dilution.
Right?