Post by
BigFizz on Mar 27, 2023 8:49am
Cash
Well they a have a few days left to raise $700000 to pay off a promissory note due. They have less then $200000 in the bank. It's unbelievable how a management team that seems so talented could end up in such a position. With ten years experience of trying to launch the seeder why they did not do a capital raise when the stock was .60 to fund production is unfathomable. The government has helped them with zero interest loans, has a loans to help with production, gave them a Tax break to build the new facility in Saskatchewan and they still screw it up.