Taken to the cleaners
Wow 34 million shares (purchase warrents) for .10 if this even goes back to 1.10 that is 34 million dollars for lending 10 mill forget about the interest rate.
3.10 per share 105 million for 10 mil in lending.
I don't have the whole picture of what is going on yet so maybe it is a good deal but I am not feeling it.
The ELOC looks like a way better deal.
am I missing something.