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Message: Re: Hmmmmmm
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Jun 20, 2017 12:48PM
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Jun 20, 2017 02:08PM

 DND said:

"Ccompany now has longer term funding in place.   That's a good thing.   A few shares were given up, but most of the funds came through a loan.  That all seems like a way to lessen dilution. "

SF - Long term funding? Is 5 months long term? And what new loan are you talking about?

DND

 

I believe SF is referring to the 117.6 million that the company originally disclosed with their San Diego slide presentation, which would translate to almost $50 million CDN in additional funding.  Yes the company now claims this was a typo...."Oooops, how did I miss that, 117.6 was supposed to be 68.8, a simple slip of the fingers".   If you believe that....My guess is that figure has some significance.  If we find out about additional debt financing of anywhere close to $50 million CDN I'm calling an industry friend.

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