GREY:GGBXF - Post by User
Post by
Pedrostcock8xon Oct 25, 2019 9:55am
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Post# 30269005
GGB
GGBEither way you spin the following, it 's not good for the stock value:
Green Growth reported $15.7 million in revenue for its fiscal year, which ended June 30.
The company’s debt was almost $89 million at year-end.
Independent auditors said in the company’s filing that Green Growth does not “currently have sufficient working capital, and available liquidity to meet its commitments and fully execute its business plan over the next 12 months and is dependent on the Company’s ability to raise additional finances to fund its operations.”