I'm curious to see dumb1212's reaction to the financing.
Since you were lobbying this board to 'replace' the current team answer me this...
The company is running low on oxygen ($$$) and will have to refill the tank within the next several weeks.
As our 'new' amateur CEO what are your options and which one are you going to be able to 'CLOSE" on.
1. A PP with typical Vancouver merchant banker...with the usual 'discount to market' (see: TSXV Corporate Finance Manual) and 'attached' Warrants.
2. A 'Bought' deal with a 'strategic investor'
3. No PP...due to Revenue Stream starting and increasing in sufficient amounts to handle all current obligations.
4. None of the above. Your method: _________________?