Email from OncoreHey guys. I wrote Oncore immediately after finding their website, wednesday, and Martin Verronneau answered my email this morning (this is genuine, by the way. I'm not trying to lure anyone. I just want to share):
'Thank you for reaching out to us during these exciting times. We are and have been working on distribution agreements around the world and you will be hearing from our company and our positioning very soon.
We are working on releasing our complete web platform by the end of this month and further information on our team, and partners.
As per our financing plans and our "go public" strategy; we are currently doing a Series A financing for 1.5 million shares at a price of $1.00 with a warrant at $3.00 (24 months) at a pre-money valuation of $10 million, and it will be followed by a round of 1 million shares at $3.00 with a 1/2 warrant at $5.00 (12 months) and our last round prior to listing will be a Regulation A+ financing for 2 million shares at $5.00 with 1/2 warrant at $7.50 (6 months).
We are working with Wynston Hill Capital and Network 1 to complete the Reg A+ and the listing of the company on NASDAQ.
I hope this answers your inquiry and we look forward to any questions and or comments.
Thanks,
Martin Verronneau, BS, CCPE
President, COO & Co-Founder'
So, we have a part of the answer but a lot remains to be known, like for example, on how they are going to pull it off in Europe and elsewhere. More details to come as soon as I get them.