Ok so they will issue debt instead..or maybe the money fairy comes down and writes them a check. They will need money.
My quote said give them the capital needed to get current with financials
By no means do I think a settlement with TM is just 300k.
How do you expect they will raise the money to get the financials audited?..think they can ask IHub members to pitch in?
How long do you think the money they raised a few months ago can last? They are putting out press releases through a free pr site!
This is by far one of the messiest structured nanocap companies out there BUT they have an asset that could/should be worth a lot. What they decide to do with it is anybody's guess.
We as shareholders have had plenty of ups and downs and I wish things would have been handled differently years ago.
It is better to light a candle than curse the darkness.
Ask yourself this... I heard Akshay Sharma from Gartner give his summary of the technology/patent and that convinced me how to vote.
Why would a guy with his reputation stand up in a public forum and put his name/credibility on the line with a company that has no money and trades on the grey sheets? Of all of the people there that day, he has the most credibility in my book.
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