B is boilerplate. Basically saying "we'll use the money for smart things". Everyone I've ever met seeking capital says this, I'm sure it's been in every S-1 I'v

B is boilerplate. Basically saying "we'll use the money for smart things". Everyone I've ever met seeking capital says this, I'm sure it's been in every S-1 I've read and I said the same words when I was seeking capital. Oh, and it's non-binding so it's still possible to use the money for dumb things.