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Monday, May 17, 2021 12:53:46 AM
I just this moment got an exactly identical response to the one received by Knux to the question that he posed about the 36 million share issuance. I don't think they will dilute much further for a couple of reasons: First, assuming the leadership team holds a large number of shares, it would also dilute them, and secondly, the $1.6M demand note at 0% interest held by the 49% shareholder of SwissLink really amounts to a temporary capital contribution, because there's no way the lender would ever call it, and it will likely be paid back to them gradually over time as the company achieves profitability and positive cash flow. I have a feeling there is more significant money behind this venture than meets the eye, and I find that to be reassuring if that is, in fact, the case.
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