Post by
tamaracktop on Sep 24, 2023 3:37am
The fact that will define the path
From hereon, this company has absolutely no access to external financing.
They could never find an underwriter, particularly after resorting to Research Capital to underwrite the last two failures.
The buyers of those deb's must be happy.
They're still locked in until November.
Absolutely no chance of an equity raise.
And if you think "Strategic Partner" or government grants or cash infusion, forget it.