use of funds stated in S.1..."We will use these proceeds for general corporate and working capital purposes, or for other purposes that our Board of Directors, in its good faith, deems to be in the best interest of our Company."....
general working capital needs to drive projects forward. could it be used to remove some debt, maybe if they feel it's in the best interest of the company however with the potential size of their contract revenue from their projects, i'm not sure carrying a little debt is primary concern. it's much more likely and more important for the company to use for working capital needs, as stated above..imho
long long long $CPWR!
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