not very difficult to understand...
1- Aqui has one and only contract, no diversification one client. it doesn’t matter if its 110M$ or 5B$ fact is one client one contract. What happens if for whatever reasons the client bails out. What is left for the lenders … big nothing!
(read the story of Sigmatel (SGTL) former Nasdaq, 90-95% of Revs came from one contract with Apple for the 1st IPOD shuffle; They lost the contract since)
2- What asset does Aqui have, not much either, more like nothing backing up a margin, loan etc… Asset based landing is impossible.
3- Aqui has not generated significant revenue yet, they are cash flow negative and nothing is left for repayment.
4- No serious institution will take shares in exchange.
For those reasons its impossible for theme to get a single dime of debt or serious financing.
What’s left, raising capital with shares, selling them at discount to the market. Then again for the same reasons, because risk is so high for the holder, as soon as the restriction is lifted, the shares are sold into the market and this is IF they are sold restricted.
Market Data 
Markets 
AI
