The professional money mangers are eagerly snapping it up for a future 10 bagger
The previous equity partner Canaccord and now JV broker has been quietly accumulating since 18 cents
The 2.4 million loan (after paying off Farm Credit the 4 milliom from the 6.4 million second mortgage) could not be obtained form Canaccord Why ?
Farm Credit would not extend the 4 million loan to 6.4 to give some cash flow Why ?
Warrants would not have been necessary
Why did they have to resort to Spencer Romberg for 2.4 million and issue 10 million warrants at 8.5 cents ?
If the protein extraction process is so good and the JV so imminent why would they not be able to get 2.4 million from the regular process without having to give away the rights to a secured status of ALL the assets including the IP ?