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Re: None

Tuesday, 10/22/2019 8:55:03 AM

Tuesday, October 22, 2019 8:55:03 AM

Post# of 232933

As a fee to a prior placement agent, the Company has agreed to pay a cash fee of $90,000, which is equal to 9% of the gross proceeds received from investors in the Series C Offering who were first introduced to the Company by the prior placement agent in a prior offering.


So we pay 90kUSD to Paulson for basically nothing in return? Is this right?
If yes, then I am definitely in the wrong business ...
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