GREY:IVITF - Post by User
Comment by
NipNapTappyon Sep 26, 2018 8:49am
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Post# 28691238
RE:RE:Invictus Announces $20 Million Equity Financing
RE:RE:Invictus Announces $20 Million Equity FinancingDilution with a postive twist.
1. Most of these warrant offerings I see are at a dicounted price to attract buyers. This is not..
2. This is the same type of action we have seen all the big pot companies go thru to expand and grow.
3. The outstanding shares are still below what Canopy has.....
4. The market cap is still very low compared to competitors....
5. You cannot build buildings with grow infrastructure for free....no way..
6. This is "bought deal financing"
A bought deal is a securities offering in which an investment bank commits to buy the entire offering from the client company. A bought deal eliminates the issuing company's financing risk, ensuring that it will raise the intended amount.
That boys is clout and belief in a company's future. Banks just don't give millions to anybody.
I am starting to believe that this company is the real deal.
NNT