InvestorsHub Logo
Followers 32
Posts 3452
Boards Moderated 1
Alias Born 07/30/2015

Re: chemist72 post# 22663

Thursday, 10/05/2023 4:48:12 PM

Thursday, October 05, 2023 4:48:12 PM

Post# of 23008
Ya, the maximum is more "best case scenario", pretty much. If you delve into the offering again, head down to the "use of proceeds" section - they break down how much gets spent on what depending on how much they collect. It's just the same stuff ratio-wise as a portion of the proceeds but in larger amounts if more comes in.

Mind you, they also spend several paragraphs pretty much saying that is all subject to change and they will actually spend the money however they damn well feel like.

(Which includes salaries for personnel and paying Frank $475,000 for his note. Just something to keep in mind)