Only the CEO and his funders know what financing instruments have been utilized already cero9...so perhaps the CEO will provide more clarity about what kind of financing intruments have been used but I doubt it since the majority of the time these penny company CEO's are constantly raising funds behind the scenes by issuing discount stock to penny-land funders...and they don't like pandering to shareholders giving them real time updates of their always in motion funding endeavors.
That's not a slight on EEDG at all...in fact the over-whelming majority of penny co's don't like providing up to date facts/numbers on the various funding instruments being utilized...the best us joe retailers usually get from these penny co's issuing discount stock for funding is constantly updated share structure numbers/or ungagged transfer agent that gives both the o/s and restricted share count numbers so we can gauge for ourselves if/when funders are leaking any aged debt short term note discount shares into the float...or any other form of immediate dilutive funding shares for that matter. Heck some penny-land funders can even find offshore brokers to sell their restricted shares to so it's never an easy answer to figure out exactly how much discount stock is being sold to funders behind the scenes and when...let alone what those penny-land funders are doing with their shares once they get them k glty
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