Alan,
Once again we are close to each other's point of view, not spot on but close. Where you were astounded by the willingness of investors to agree to a loan (I note with some form of conversion and warrants), I am pleased but not overly surprised. As with Rockville, investors who have significant cash and power beyond those seen in retail investors like me, these folks were in a position to get clearer information from Mark et al regarding the progress of PR3D. I am most curious to see exactly what assets were used to secure the loan and if the conversion is for some "over the top number" of shares...
I do think that this move will, at least for the time being, minimize the apocalyptic collapse in pps while we wait for standards and contracts for sales of PR3D.
patience and GLTA
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