RE:RE:RE:CO2 GRO INC: Two Problems...Here’s from the risks section of the company executive summary May 2019. Page 7.
https://assets-powerstores-com.s3.amazonaws.com/data/org/15680/media/doc/co2_gro_inc_foliar_spray_overview_may_2019-aa6a4b280c46962752f0caa1aba44f12.pdf Is There Financing Risk. None short term entering Q2, 2019 with $1.3M of cash on hand and no secured or unsecured debt. Now that we are generating some revenue, we are looking for a form of secured debt drawdown or receivables factoring instrument to procure more expensive installation gas infusion equipment that has order lead times for inventory.
gowith-themomo wrote: OK Iscfa if you know more, how much cash do you think they have right now and what were the sources? (bank loan, equity issue, sub debt...?)