GREY:MYMMF - Post by User
Comment by
WinterBaronon Aug 09, 2018 1:50pm
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Post# 28434799
RE:Writing is on the wall, it says MASSIVE DILUTION!
RE:Writing is on the wall, it says MASSIVE DILUTION!Wondering what current financial info you have come upon?
According to the April 26,2018 Sedar filing there was an increase in Cash Position to approx.
$10 Million at February 28/18 versus the prior year's 500K .
That was mostly from 15.2 Mill-Private Placements, 2.2 Mill Warrant Exercise and 321.5 K options plus some sales less a net operating loss of 3.2 Mill.
In my view that isn't bad considering the developments over the past year or so particularly in Weedon but in Australia as well.
What is your estimate of 100 Mill. share dilution based upon?
That would be almost 100% increase over the current 113 Mill.
We can all speculate upon whatever comes into our heads and make fabulously negative or positive predictions but it would be helpful to share what the numbers are based on.
As for licences I agree it would be helpful to everyone to know the current state of Canadian application(s) .