How Does this Make Sense?

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Quan Gork

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How Does this Make Sense?

posted on Nov 09, 2016 04:23PM

From the Prospectus "The Corporation estimates that the total expenses for the Offering will be approximately CAD$500,000, including the $150,000 nonaccountable expense allowance."

7% of 10 miilion = $700,000
4% of 2.5 million = $100,000
extra $150,000

Total = $950,000 and then $800,000 for the warrants, so 1.75 million dollar expense for the financing. How does that compare to "total expenses for the Offering will be approximately CAD$500,000"