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Swinetime

08/11/17 8:14 PM

#185771 RE: ilovethedough #185770

I will give you my thoughts ... I FKN loved it . Marco has put together the DREAM TEAM .

Bring on the CONTRACTS !!!!

Det_Robert_Thorne

08/11/17 9:11 PM

#185775 RE: ilovethedough #185770

Not much. NWG did a round of financing

In June, 2015, New West filed for a $600K offering with a minimum investment of $100K. At the time of the filing, $200K had been invested, leaving $400K to be filled:

https://www.sec.gov/Archives/edgar/data/1644254/000164425415000001/xslFormDX01/primary_doc.xml

While it's possible that the terms may have changed, it's probably safe to assume that DEWM is in for at least $100K.

The lack of a follow-on offering could mean one of two things:

1) The entire $600K was never filled
2) New West is generating enough revenue to not need another one right now

It would be nice if Moran would have told DEWM shareholders the financial benefit for the company, rather than sing the praises of New West for 70% of the PR.

jsw10011

08/11/17 9:26 PM

#185776 RE: ilovethedough #185770

Kick ass pr. Sad the pps is where it is. Easily can be .10 here