that is true....however i think they can always use their ability to raise capital through stock issue as collateral and not have to actually go ahead and do it....unless of course what ever deal they financed falls flat on its face...but if they secure the note by backing it with shares it wont be as bad as diluting, raising the cash and then obtaining the note...so we shall see. All it is going to take is one solid deal to get the ball rolling....and my guess is they already have that or else they wouldnt have gone through all the B.S. to be publicly traded...just a thought.
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