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Britannia Life Sciences Inc Com C.RLSC

RISE Life Science Corp is engaged in developing and evolving medical and adult hemp-based formulations to create general use of health and well-being products for the emerging consumer category. It derives key revenue from the United States.


CSE:RLSC - Post by User

Post by Donlinon Mar 26, 2015 5:28pm
169 Views
Post# 23566177

Keep In Mind

Keep In MindThe following was lifted from the company's Q & A section.

How does the company plan to raise capital in order to fund future growth?
The company has primarily procured capital through non-brokered private placements and has raised approximately CDN $18 Million since its inception, not including the capital it has additionally raised through select debt financings, which totals approximately CDN $1.6 Million. Going forward the Company is considering filing a shelf prospectus at the end of Q1 2015 to assist with additional capital needs as it transitions from a pre-revenue state to a manufacturing, sales, and distribution operation.
This all might be a set up for a private placement at 10 cents.  Time Will Tell
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