Happy birthday Landmark! Any chance you can find that article? All debt financing would I think be highly unusual. But this is a highly unusual resource!! Especially with all the focus on critical strategic elements!!
There was a bit of confusion caused by something MS said early in the presentation on 11/09/17. He later in the same presentation stated unequivocally that there would be dilution associated with any finance package.
I don't recall his exact phrasing, but dilution seems to be inevitable.