This is a young growing company. Emphasis on growing. They have to raise capital and the best way to do that is to raise Equity capital, which means dilution.
That is ok.
They are not raising capital for the sole purpose of staying alive. That would be bad.
What im saying is that dilution is not inherently bad. It depends on the circumstances.
Nothing about SGMDs circumstances gives me worry at the moment. I just see a young growing company making good moves.
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