OTCQX:HBORF - Post by User
Post by
BayStreetkidon Oct 16, 2018 9:07am
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Post# 28808502
quinsam update on flrish/harborside
quinsam update on flrish/harborsideQuinsam would also like to congratulate FLRish Inc. on the announcement of a new financing round of securities convertible at $6.90 per share. We invested US$1.25 million at US$4.10 per share and we are also participating in the latest financing. FLRish Inc. operates in California under the iconic Harborside name. The company plans to file its listing statement shortly and is targeting a Q4 listing. We are not sure if there will be time for the regulatory process to clear this issue by year end. However, when it lists we expect this company to have a very favourable market reception. We continue to see strong upside potential in our most recent investment at $6.90 per share.
This is my point...harborside will be worth far north of the $200M RTO value. Stop worrying about share consolidation and start thinking about valuation.