Pawnshop will lend to percentage of value How much did Edgewater receive from Avon? With a patent valuation of $90M to $180M it would be nothing to lend at 10% of its valuation and be massively conservative if there is a default. Did any money changes hands? If that doesn't scream wake up and start thinking. Deals not demos wasn't obvious enough?
Funny how the obvious is overlooked about this business and individuals are attacked for pointing out facts by fanatical zealots that lack basic common sense and are unable to use reason and logic.
If the company assets are verified than raising money would not be a problem raising a small percentage of valuation. What was the point of engaging Avon if not for capital? Why has there been no announcement? Suspend all logic and reason and just believe.