Thursday, March 08, 2018 9:55:00 PM
This is from the PR today where Rik clearly lays out what this is all for...
"This will allow us to fulfill our commitments to our noteholders AS WELL AS FINALIZE LEGITIMATE LONG-TERM FINANCING to move the Company forward. The use of this financing includes retail marketing for our OTC products as well as clinical research for our drug products for the treatment of autoimmune diseases and viruses,” he concluded
Now read it again... let it sink in....
Then read it one more time...
Understand that raising the AS does not mean it is automatic never ending dilution hitting the market tomorrow...
Sounds like the 4 Bil shares are going to basically be used as collateral towards the financing package Rik finalizing, and the 20 million preferreds ( equals the other 2 billion) issued which will be used for partnerships and aquisitions or for additional directors to the board.
This is all good news. Yet it is confusing for most to put all the pieces together. Nothing is changed. Still way UNDERVALUED as we stand today. And major developments are still on their way.
Again the raise in AS will be used too :
"finalize legitimate, long-term and non-toxic financing to move the Company forward. The use of this financing includes retail marketing for our OTC products as well as clinical research for our drug products for the treatment of autoimmune diseases and viruses,”
Mav
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