Nexus Energy Services Inc (IBGR)

[Nadendla]

your question answered on facebook!

How are the $2.8m raised to finance phase I !?Debt or equity? Raised at one time or over a period of 12+ months?
thanks in advance
about an hour ago · Like ·

Pharmstar Pharmaceuticals, Inc.: Good question, Raj. The company is using a capital raise package that is non dilutive, and no debt is incurred. As you can imagine, there are NDA and Confidentiality Agreements as part of these transactions...without violating them we can safely answer your question by telling you that the ROI is realized by the profits of Aquaprin, not the sale of equity. As for the timing, it is ongoing and can be found on the balance sheet as Series C Preferred Shares.