HS Govtech Solutions Inc HDSLF

NR- $2M PP at 6.5 cents

[stockgains]

https://stockhouse.com/news/press-releases/2020/04/16/healthspace-data-systems-announces-private-placement-led-by-echelon-wealth

[Bonolito]

Not the greatest news to have to raise funds at these levels given dilutive impact. But, the company is entering high growth stage and needs funds to execute.  Would have liked to see warrants at higher level and lower commission to those on president list. Unfortunately I am not on that list ha ha. They could have reached out to shareholders with decent amounts first. I think many would have

[Mdingzshow]

This gives us more time to buy, and I agree lol, having a financial partner like that isn't a bad idea either. 

[ando]

I am surprised they arent cash positive yet. So many deals and still doing PP'S? I hope they are using this money to massively explode.

[cbcguy101]

This post has been removed in accordance with Community Policy

[freedom45]

I hate to state the obvious, but if you are a long term holder (many at a higher average) this is a gift from the company. You can sell at .065 and enter the PP at same price and double your holdings with .10 warrants. And if you have the cash flow availability you can enter the PP first then sell your current holdings after the fact and book a loss if you are in at hgher average. Just sayin, this

[MichaelCanadia9]

Freedom 45... I wish I understood this  bettter... Can I Private message you?

[Bonolito]

How does one enter the private placement

[TheeRook]

 You have to be a client of  Echelon Wealth Partners Inc.,will act as sole agent and bookrunner for the offering. Which suggest they will have no problem allocating all the units.  Hopefully in Strong hands and they do a good job of supporting the share price.  They are getting paid alot , 8% commision.  Otherwise they would have recruited other brokers to share in