@Tcb007 agreed. Whilst I am definitely disappointed in management. The loan confirmed this project will get funds.. no feasible way someone lends 350k with GMC having zero funds, unless he is the/one of the SI's. We also know he was in Jakarta with Leonard. Would a capital lender typically do that ?
Project is a go it's just at what price and how much dilution.
If I got 350k and the project wasn't proceeding I personally would bleed the 350k in wages in that situation not pay 250k USD and leave staff in further limbo
GMC Price at posting:
4.2¢ Sentiment: None Disclosure: Held