Post by
ernieballs77 on Jun 29, 2020 5:04pm
what a fawking embarrassment and obvious PURE BS.
The Company has signed a non-binding *(Of course) letter of intent with an institutional investor to provide equity or junior subordinated debt financing for a portion of the UrtheDaily project (What portion??) Lmao. Together with the expected ??? lmao..good one senior secured debt, government funding and other supplier financing arrangements, these sources would finance the build, launch and operational commissioning of the UrtheDaily Constellation. The letter of intent includes a binding short-term exclusivity period for the parties to negotiate binding transaction terms for the equity or junior debt.
LMAO
Comment by
aushucks on Jun 29, 2020 5:08pm
the way the government is throwing money at covid I could easily see them throwing money UR's way. I see this as a good sign :)