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Message: Share offering a win/win for shareholders?

GAC/DND - I would view a 40 million share issue as very bearish. To me it would suggest that the company doesn't believe they would pass this trial and want to get as much as they can before the light turns red.

$40 million dollars on the other hand would be prudent and reasonable. The loan would be done, it would take them through full data reveal and allow the to opperate the business into Q1 2020. If we pass this trial there will be plenty of opportunity to cash up at much better terms than this financing which is being done at the best terms I have seen since becoming a shareholder. Passing the trial would actually allow them to continue past Q1 2020 as most the warrants would likely have been exercised  giving them up to an additional $46 million in this scenario.

 

tada

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