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Re: moneymarkets post# 8880

Monday, 10/05/2020 11:15:26 AM

Monday, October 05, 2020 11:15:26 AM

Post# of 10175
Incorrect again...

They lost time with shutdown due to fires. The also are burning through the initial cash they received which means they will need to raise cash either by selling common shares recently issued. They will need opinion letters to release those or they will need to issue Convertible Promissory notes probably at 8% interest convertible in 90-180 days. Dilution is coming.