Krom, hundreds of posts in the last few months making every argument, some good, some not so good, and still the stock can't move away from the offering price of .075. The message of the market is telling me the LOI is not a done deal, the amount of cash if it gets done will be minimal, and a private placement bringing big time dilution will be required to keep the lights on. Not really that bad imo, simply the reality of the situation. So take whatever price target you had and divide it by 2 or 3 to allow for the additional shares that are, imo, unavoidably on the way and then its all good. Listen to the message of the market and feel free to bookmark this post so you can grade it after the next chapter unfolds.