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CascadeInvestments

03/14/18 5:19 AM

#10628 RE: Moses1492 #10615

That was a failed capital raise. The company didn't get any material dollar proceeds from that offering.

If you are betting the farm on the fact that that capital raise did anything to slow down the cash burn, then you are misguided. Sorry to break it to you.

Good news though, there will be another capital raise very soon. At much more attractive terms. You can load up again. Good luck with that.

I don't think that the heavens will look on you any more favourably when judgement day comes, but you might as well throw good money after bad. At least you're doing the company a favour. They need your cash desperately. God, not so much...

You're not doing Gods work by sending them money.