OTCPK:SPLID - Post by User
Comment by
geodcanon Apr 06, 2018 9:05pm
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Post# 27846430
RE:RE:RE:RE:RE:RE:RE:RE:EAT is creating an empire......
RE:RE:RE:RE:RE:RE:RE:RE:EAT is creating an empire......https://www.stockhouse.com/companies/bullboard?symbol=c.tny&postid=27845205
Why would my butt hurt over Tinley raising 5 million dollars. Less dilution in the sharefloat and those share's warrants are going to raise more money for the company and not cost 10% like the financing that EAT did plus the 8% that the brokers added. 8 million minus 18% (1.4 million dollars) puts EAT at 6.6 million raised and they're still paying 10% more every year. I hope the best for EAT but I am more comfortable with the low float @ Tinley. About 90 million shares now and on the verge of an exciting launch for their T27 in California. EAT did more of a share-backed loan than a pipe that is going to cost them $800,000 per year in interest to keep this multi-layered business above water, just for that 8 mil. EAT needs products rippin' off shelves in a State where they can partake in the value added from manufacturing to service that debt.