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Ann: Key to raise $1.0 million by Private Placeme, page-3

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  1. 1,089 Posts.
    re: Ann: Key to raise $1.0 million by Private...
    Surandy70,

    We need cash, simple as that.

    It is pretty clear CM does not want to dilute existing shareholders too much at these prices. As you say, it could have been much lower if he wanted.

    Cheers
    R
 
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