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MontyPython1

04/20/22 12:41 PM

#236360 RE: doogdilinger #236358

It could have cost nothing but restricted shares to GestureTek CEO. Gesturetek was in debt and put in trusteeship, the only way to get out of it is to go public and we are talking about millions of dollars of debt erased when they go public. Gesturetek was the only to approach WNBD and not the other way around. Also, as for raising capital, It is not the end of the world. There are many ways to raise capital, only WNBD and GestureTek know how they are going to do it. GestureTek is also a respected company, so there will be trust in them.