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1manband

08/30/19 10:01 PM

#35437 RE: Venture_Cap #35435

If the process really did work, there are numerous ways to provide funding that doesn't involve common shares directly.

The funder could take a royalty, preferred convertible stock, or convertible debt (non-toxic), for instance. All of those are used frequently by legitimate companies with legitimate business prospects.

But since CTDT had done none of them, even though their process purportedly works with minimal capital needs, I call BS on the entire scheme - absolutely nothing about this smells right.