Post by
tdsb on Sep 11, 2022 10:08am
Cornered
They left the share price too low for too long and now they need money. Nobody is going to give Erin Ventures a financing for 4 or 5 cents because you can buy this stock for that on the open market. If they try to raise money the share dilution at 2.5 to 3 cents makes this play too risky and the existing shareholders will be deluted even further. It's a no win situation, but most of the shareholders here think a knight in shining armor will save Erin Ventures. The only thing that will save this company is if they do another jv and in that case they must give up everything. If that doesn't happen bankruptcy is next. CHEERS!
Comment by
Cancap22 on Sep 11, 2022 7:55pm
TDSB, the only one cornered here is you! Your comments are so far of the mark you have exposed yourself as meaningless! I believe the warrant exercise will provide the financing required for the relevant purposes intended by EV management. The next few months will be very prosperous due to the planning and promise of the management team.
Comment by
tdsb on Sep 11, 2022 8:01pm
Cancrap! LOL! Ha, Ha! CHEERS!