That's why this upcoming shareholders meeting is so important.
So we can get answers to some of these questions.
Seems to me that the opportunities for small business financing are still not very good. Unless they could get one of those SBIR loans or perhaps a grant from ARPA, or maybe tap into the Stimuluous Money, etc. They do have a good track record among gov circles. And there is mucho Gov money available. I think this would be the best-case scenario.
Barring that we're probably looking at some private placements for preferred unregistered shares that are locked down for a few years, and then convert into commons at some multiple. That might mean substantial dilution in 2-3 years.
This way, RDXM gets the funds they need to jump-start whatever biz plan they have now. It is this business plan that is most important to me, going forward.
I don't see any point in belaboring past events. With the single exception that I hope they have learned their lesson about Convertible Debentures. And NEVER do that again!
All just my opinion...
VV
