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Bullboard - Stock Discussion Forum Dynamic Technologies Group Inc - Class A ERILF

Empire Industries Ltd designs, fabricates, manufactures, erects and sells proprietary engineered products internationally. It operates in the segments of Ride-Systems Manufacturing, Parts & Service and Corporate & Other segments. These include Design and manufacture complex ride systems, Provider of parts and maintenance services to existing ride systems. The group operates its activities... see more

OTCPK:ERILF - Post Discussion

Dynamic Technologies Group Inc - Class A > WQe all knew they would have something..
View:
Post by hawk_ on Dec 03, 2019 4:36pm

WQe all knew they would have something..

prior to the conference call tomorrow.
The Company has been working hard to strengthen its balance sheet and minimize shareholder dilution by finding strategic investors who are interested in helping the Company accelerate the execution of its business strategy through adding value to the Company in addition to providing equity financing,” stated Guy Nelson, CEO of Empire, “This private placement is a tangible example of this strategy at work.”
Read more at https://stockhouse.com/news/press-releases/2019/12/03/empire-announces-8-5-million-private-placement-of-common-shares#k3xQvVVCMrkAXe2s.99  ....

thing is the fan club is huge with good reason..and pissed off with good reason. Still the Co. is not just sticking its finger in the dike they have thrown the market back on the story. Tis a great story stock but time to shake out funtamentals. lol all in all I bought some more! Cheers hawk

 
Comment by StockhouseInsider on Dec 06, 2019 1:58pm
That's a solid chunk of change from a single strategic investor. Personally I'm happy to see an investor with this much confidence. I wonder what they see for the future ROI? Not many YOY numbers trending the right direction but some improvements quarterly
Comment by StockhouseInsider on Dec 06, 2019 2:35pm
MP3 of Q3 Conference Call worth a listen to  Click link to listen https://empind.com/wp-content/uploads/2019/12/empireindustries20191204.mp3 Great questions from a new investor!
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