I have been contemplating this all day.
One word is all it takes to explain it.... 'disappointing'.
Not sure why we are trying to raise $1.6m basically at the bottom, is Gary that unconfident he can't increase the SP in the ST-MT to raise more at a higher level when there's better value for LT investors? more than 50% dilution at .0065 is nothing short a disgrace and an embarrassment to Gary's resume imo.
Seems crazy to try get more than $1m at these levels imo. Anyway, good luck to the new SI's, hope it turns out better for them than what it did for the last lot.
New T20 once the shares are issued will show whether RCF are still supporting or have withdrawn from providing funding, I have my own thoughts on this but will wait for confirmation.
Dilution death cycle has begun.
Over and out.
I have been contemplating this all day. One word is all it takes...
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