OTCQB:EMHTF - Post by User
Post by
rsteve6on Jun 08, 2017 12:55pm
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Post# 26341009
Cash Position
Cash PositionHi guys,
I am a new investor, moved over from another LP. Love the expansion plans and newly signed contract. With Health Canada having issued statements saying that they are speeding up their process of issuing grow licences. This baby could be licenced in no time and triple or more the market cap of this company.
I have questions about this companies cash. A 20MM investment (great deal for what they are getting) is quite a lot of cas for a company of this size. Last quarter I see only 16Mm on the books. Does this mean that they will need financing to satisfy this requirement?
Cheers guys glad to be on board.