That's the concept. But it's not M&Ms, it's their client. M&Ms are broker/dealers and do NOT issue stock. They complete stock transactions for clients. The clients get shares from the company for investment.
Also it's speculation on my part, that this happens.
But you have to keep in mind CLKA funding is share based. Their investors are purchasing stock in the cash raise offering.
RNVA's is debenture based. With Debentures normally there are no shares transferred to the creditor. A credit facility is held @ an interest rate, with a repayment date.
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