RE:RE:BED minimum $1 share
I don't like the deal but as per the financial statement there may be there some survivor strategy behind the deal. Here's the lift from BED's report. I know it's an assumption and what that means but there could be some reality behind it all.
"Going Concern Assumption
The Company's anticipated level of gross expenditures and remaining commitments including additions to property and equipment for the next twelve months is expected to exceed the Company's cash and short term investments on hand as of January 31, 2015 and as such, management's view is that the success of Bedrocan is dependent upon obtaining additional financing for its capital additions, obtaining further approval from Health Canada in order to expand its current capacity to produce, sell and distribute medicinal cannabis in Canada and achieving profitable operations, all of which are outside of management's control."