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Matt1963

04/02/19 5:02 AM

#52356 RE: JLS19 #52355

https://fintel.io/doc/sec/1465470/000165495419003865/nsmp_424b3.htm think it must be an April fools joke for ya'll.

The problem with all of this is of course very simple. Why do they even need to do this, if there are investors ready to put money into the business.

Investors need to know why they are raising finance this way, rather than through banks, angel investors, disrupters, VC's.

I suggest it is unfortunately that the tech is still unproven as yet and therefore presents too great a risk for Angel Investors and certainly the banks.