RE:RE:just thinkin'Inshalla, I hope good news is coming too. Again, I think this is going to be a record Q for revenue and we should be cash flow positive...but to answer your question, if it was me, financing would be conditional upon FANS' strategic review & acknowledging and addressing these past shortmings by, for example:
1) Removing leadership that was accountable and responsible for some of these actions (i.e. I don't buy the PR of Darius' resignation from a company he founded). Heads needed to roll and Darius (and Michael Lee is appears) are out. Done.
2) Amend earnout formula to provide greater clarity for future Financing / PP lenders and their related ROI models. Done
3) Eliminating AmAff fat. Achieved in part via BetPrep spinout deal.
4) Elminating Askott fat. Achieved via stopping all RNG work.
5) Very favourable financing and warrants. Done.
3mil is nothing, short-term life support help really, and represents a good risk/reward for those investors. Hopefully FANS can become self sufficient by Q4 to sustain operations/expenses and to service their loan. moooooooooooooooooooooooooore B2B deals pls.