BT,
Where is the good news here?
This cash is for working capital (i.e. enough money just to keep on running) and does not include any money for PrIME or the bridging finance previously announced.
To me, it is just "more of the same", expensive funding which is just enough to keep the company alive and which will ultimately result in our being diluted. If that's good news, then I guess we should be over the moon.
And BTW, can anyone explain to me why we are paying interest and just not doing the VWAP deal right now?
Ann: NuSep Working Capital Advance , page-5
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