RE: 35 Million in Financing it puts a good base under us, and lots of money in the bank when we go asking for a loan...
they bought at 1.25 but why would they sell at 1.25? they are not a charity.
In my mind, they are probably looking for a double, so 2.50?
i always like to get in when bought deals are done, because i figure they did their due diligence :)
If they are willing to pony up $35 M for essentially 10% of the company, that can be nothing but a positive sign
just my opinion