IMO investors do not advance funds, in spite of believing in someone personally, without an specific expectation and/or understanding of what the return may be. Yes money is advanced without the benefit of documentation and having full knowledge of the specifics of a return. However, under these type of conditions, it is generally understood that the return will be very generous which in this Company s case presumably means relatively large share positions for the investor considering the risk factor.
There is nothing wrong with this, in my opinion, as long as it is a fair business option. I suspect that it is type of compensation that was required considering the Company s market and history. Full disclosure in a timely manner is what is required.
If the Company issues this information along with the received amounts and the committed amounts it would be a promising "something" as is being asked for.
The sooner the better as the Market is asking for some concrete information as I see it.
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