Monday, February 19, 2024 12:26:41 PM
They take on a partner(s) with deep pockets for part of the company, paid in preferred or restricted shares. the OS doesn't change for a while and retro fitting begins.
If a lender(s) does come though and takes part of the company as collateral I can not see them allowing mass dilution to take place.
It would be in their best interest to have the company on a major exchange with a reasonable OS around 10 to 20 million.
But if no lender you might be right on.
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