No no buddy, Im on a mobile device at my barber shop and don't have efficient access to news sources and SEC fillngs to copy and paste links to my argument`s, I've been through this with 6 others like you
The company has finalized its negotiations for a two million dollar long-term debt placement with a private placement agent. The company will be offering a 12% Convertible Preferred, convertible after 24 months into common shares of the company at a 30% discount to market of a lowest three day average bid price, based on a 5 day look back.
This offering is currently in legal with expectations the company will be receiving subscriptions prior to months end.
This financing will allow for the company to expand and accelerate its server acquisition for the new year