Investors able to buy on the open market?It's hard to tell if the deal only needs a little more time, but the company did not want to specify a completion date, or if a completely new offering will take place at a later date. Biggest question: Are these investors able to buy on the open market? "
The subscribers to the Financing were unsolicited by the Company and have notified the Company of their continued interests in completing a financing in the Company. The Company will consider such financing interests if, and when, such financing interests can be closed without delay."
Disappointing news, but it's not all bad as the FINACING IS NOT NEEDED as previously mentioned by many "long term" investors and suggested by Doug. "working capital of $7.7 million. In July 2020, the Company secured a $3 million credit facility with TD Bank which is currently not utilized."