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Monday, June 22, 2020 3:24:35 PM
Correct - I used the wrong terminology, well done you. And yes I’d prefer an institutional placing but hopefully some may go to institutions if not this round but next, at least most will finally be able to partake if we’re on NASDAQ. My point was that they’re raising money by issuing shares as many companies do, some like to utter the D word like it’s the worst thing a company could possibly do.
Yes, the cash will be used for various purposes as is stated, my point was it’s not solely to “pay the bills” as had been stated.
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