GREY:IESCF - Post by User
Post by
lscfaon Sep 18, 2013 6:51pm
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Post# 21749860
New Financing Hurts existing shareholders
New Financing Hurts existing shareholdersGGX already pays a 5% gross revenue royalty to patent holder. Now it is going to issue a 12% debenture which also pays a 3% gross revenue royalty! Why not get more credit brom bank at 5%?