RE:RE:Financing is at Pretty big discount to marketPeculiar strategy...buy catapult, which has an entirely different focus, so that existing mgmt/team can concentrate on getting payledger,card processing and merchant subscribers procedures and growth aligned. And issue 30MM+ new shares at a great discount to prior pp.
The company is saddled with debt from that prior financing and is showing no growth sequentially from prior qtr.
Really weird. Interested in seeing what unfolds but glad I sold at higher levels.
Quick close was helped by commitment from FAX and 'other' new investor, else I suspect might have been difficult to move.