The 5 Mill:
All - I have heard this board mention that the CEO is putting up the 5 Mill and that this is something to rejoice. If he does put in the money, do you think he is putting it up for nothing? Do you think he just wants to preserve YOUR investment in CLYW for your well being?
IF he is putting in the 5 Mill, and there is no one else willing to invest, he is taking our equity away from us, in some way shape or form. It is either a convertable note, or backed by warrants or shares, or something. But one thing for certain, he does not put 5 Mill in this company and get nothing.