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thestreetlawyer

03/11/17 5:10 PM

#70517 RE: Tesla Trillionaire #70459

Great article. Id like to highlight this part because I think it shows how easy it was obtaining funding by simply offering restricted shares. The shares cant be exercised for 6 months. So where do these private investors think the PPS is heading?

They recently announced $1.6 million in Non-Dilutive Financing from private investors. That means they sold restricted shares directly to individual investors and effortlessly raised $1.6 million. It’s considered “Non-Dilutive” because those investors CANNOT sell those shares for at least 6 months.