Well we know that some $12 million was raised through stock dilutions over the years. And out of that $12 million how much of it does the company have in cash,assets, etc? Zero, not one cent. Now suppose that $12 million had been raised through this Accredited offering Fund and 2 years had gone by and investors decided they wanted their $12 million back but the company had ZERO in cash. If they completely blew through the first $12 million with NOTHING to show for it what makes anyone think there will be anything left from monies collected through a Credited offering fund?
I think this program was designed more for a new start up growing company and not for a 10 year old shrinking company that has failed miserably and has nothing to show for it's efforts. Imo this Accredited Offering Fund may the final nail that is sealing the WNBD coffin for good.
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