That would be incredibly stupid, imo.
Fund Auburn with convertible debt on DGRs balance sheet.
The whole point of spinning out assets is to insulate shareholders from dilution and to unlock value from assets.
Ann: Agreement with Tribeca for Note Funding of up to $10m, page-12
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Mkt cap ! $14.61M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $510 | 51K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 134236 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 1983333 | 3 |
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