Received a response from the company regarding the 650K capital infusion from TNKE priced at 08. It is as clear as what they filed in their 8K...a simple 650K cash investment into EWSI priced at 08 for common stock. No warrants attached.
It would almost be a sure bet that a large percentage of this money will be used to grow the EWSI/TNKE China e-waste business rapidly. Just my guess....
"To enter China, we needed a well connected and experienced partner who shares our passion for doing things right, and now we have that. We have great confidence that subsequent expansion deals will follow very shortly," added Mr. Nielson.
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