I believe it will be funded by sfe and perhaps another partner, maybe oak. Why, I have done this before with other sfe companies. Same thing happened. The same walk down of shares to get the best deal the same BS but it turned out alright in the end. Difference is this is the most promising sfe company. Sfe has investments in other regeneration companies but this is the most promising.
Look at where sfe valued this company in 2008, way higher than current price.
Last year it went straight down but when the 13 gs were filed major holders doubled their position. How did they do that when it was going down, why would they do that for an entire year and then just walk away? Based on the volume they had to be slowly accumulating.
Those 13gs were filed before the major spike to 6, I believe they were the real cause of the spike to 6.