he could have netted quite a war-chest of private placements, and at a much higher pps.
thats exactly it!!!!
He is using the worst financing possible at this moment and I wonder why??
(Regarding the private placements- that can still be done)
A strong promo with 100,000 spent could land this small share structure at 10 cents- even given a worse case scenario Mason and company dont give a damn about building a real company...just for the sake of argument lets say that.... they could milk salaries for a lot longer with higher interest and prices to dilute this for funding