SiNtx Technologies Inc (SINT)

[CL101]

Corporate finance[edit]
Bridge loans are used in venture capital and other corporate finance for several purposes:

To inject small amounts of cash to carry a company so that it does not run out of cash between successive major private equity financings
To carry distressed companies while searching for an acquirer or larger investor (in which case the lender often obtains a substantial equity position in connection with the loan)
As a final debt financing to carry the company through the immediate period before an initial public offering or an acquisition.


https://en.wikipedia.org/wiki/Bridge_loan

Bears deadmeat!