Wednesday, May 03, 2023 6:15:04 PM
Not according to their financials they didn't
While we have been making progress toward becoming self-sustaining for quite a while, the company has continually needed outside investor dollars to cover shortfalls as they arose. Now, without the need to fund operating deficiencies whenever they arose, the company will need to borrow less; thus, slowing the need for capital and the resulting issuance of additional outstanding shares. Borrowing, when necessary, will now only be limited to actions intended to increase the company’s bottom line in the near, medium, and long-term.
Complete non sense -ERBB continues to borrow money and issue more shares -all there to see on OTC markets
ENOUGH SAID
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