OTCQX:HBORF - Post by User
Post by
Flagshipzillaon Feb 10, 2022 6:43pm
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Post# 34418557
HBOR: Rool Up Financing
HBOR: Rool Up FinancingHere's the N/R:
https://stockhouse.com/news/press-releases/2022/02/10/harborside-inc-announces-closing-of-first-tranche-of-pelorus-debt-financing-and
There's also another financing for 10 million going through.
I spoke to the CEO "Matt Hawkins" a couple months a go. The funds are being used to pay down most of the dept for all the companies participating in the merger. Post merger, "StateHouse" the new company will still have 30 to 35 million in the coffers. Enough to grow from 250 million to 400 million should they choose to. Insiders will now own around arounf 65 to 70% of outstanding shares up from 50% as it is now.