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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

Comment by Donlinon Mar 30, 2015 5:01pm
167 Views
Post# 23578684

RE:RE:RE:RE:RE:RE:RE:Cachet sought Miraculins for ScoutDS

RE:RE:RE:RE:RE:RE:RE:Cachet sought Miraculins for ScoutDS
Brodeur, remember they mentioned on the website that they could be going to the market.  Tho "considering" was used, history has shown you can take this word to the bank.  Time will tell but now at .10 it's even more inviting to take another shot.  Could be a triple bottom if this means anything.  Interesting the chart on the MOM website shows Jan 24, 2014 at .04 cents and Jan 28, 2014 at .485 (post consolidation).  One never knows but .10 cents could still be too high.
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.
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