Carbeeza Inc Com V.HIT

WORKING CAPITAL

[HEYmoneymoney]

• Closed Q2 with working capital deficiency of $407,036, including cash and cash equivalents of $277,725 and inventory of $410,221, at December 31, 2018.

[HEYmoneymoney]

The company plans to use the funds from the financing to finance continuing operations and for general working capital purposes. All securities issued in connection with the above transactions will be subject to a four-month statutory hold period. The financing is subject to the approval of the TSX Venture Exchange.

[lscfa]

Larger raise than previous issues suggests larger purchase orders being received.....

[schooner84]

I also think it’s due to larger purchase orders