Abraham Shapiro's questions to IGXT leadership • Q3 2023
Question
Asked about the expected revenue from the initial Tilray order, whether the product can be exported to the U.S., and the company's financing plans to ensure it reaches its goals.
Answer
The initial Tilray order is for $400,000. The product cannot be exported to the U.S. The company has secured $750,000 in additional financing pending shareholder approval and is exploring multiple other options while being mindful of dilution, expressing confidence in securing necessary funds.