Which of course is nonsense because this CEO would not accept the many financing offers from toxic financing and their associated fees. That is all a start up Pink Sheet will see for offers until a larger revenue stream, such as the one coming in now from Pilot. It is wiser to issue small, restricted amounts at market price for those that sign a NDA and see the numbers therefore are quite happy to do 144s and hold. We saw this with Old Monmouth (who happen to own PEAK and many other petrochemical product lines) and all the other intelligently issued shares that allowed for preservation of cash,which until this quarter, was of paramount importance.
Keeping stupid financing, out of the mix is smart and prudent. Sorry toxic CD supporters and issuers, not gonna happen.