Rain ... What are the terms i.e. MMR says they need $1 Million When is the Stock Sold - do they have to wait for an X Ave. of trading days
can Dutchess turn around and sell the sell the shares they buy. When does MMR get the $$$$
How does this work?
I am a little perplexed as to why the RHL Group cant put more skin in the game even charge themselves a higher interest rate. Didn't RL make $50-100 Million >>>>????
This equity financing seems risky - but better to have access to a line of credit then not at all ...
I understand access to capital is difficult for startups but if we could run to $0.50 we could just print more shares and save the 6% finders fee. then again we may not have a buyer and here is Dutchess agreeing to be a buyer
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