I didn't think about the other plant, using the stock would be a big benefit to raising the funds for the second plant and they get to utilize the NOLs too...win for them and us :)
bc those shares have always been there....Yes I see what you see...now how will the old executives make money.. exchange the private shares for the AS then put them up on the market at $ keeping the price at .015 STATIC PRICE (how, the why I know cus if the shares got to 5$ now how can they put out shares and try to get 5$) AS for the private they quash what they originally invested , they exchanged their private shares for A.S., they sell off the rest of the AS at 5$ and every one is safe just about. tell me where our story intertwine or are not aligned as a posibility
After watching L2 for months, I'm in total agreement. Although, I believe Bioamber Inc is accumulating with their +4M cash on hand. This explains: why we haven't seen any KKR equity raise filings; the trading we're seeing; why Visolis didn't include cash equivalents in the purchase.