If they have $25MM in revs, why do they need $25 million in Series C funding, (Dec 19) and $22 million in Series B funding (Mar 31)?
Granted the Series B might have been what allowed them to get the $25MM in "closed sales".
That's $72MM they have access to. How much more are they going to need?
Let's give JBII another ~$35MM and see how far they get. Agreed?
Also,
1) Do you agree with Agilyx's statement that they make a "gel-like" substance that needs to be heated in order to get it to a refinery?
2) Do you agree with JBII's statement that they make a "napttha" that does NOT need refining (just blending)?
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