As Usual, moe...Misrepresents just about everything he writes.
Here is the truth about Xtract One's 50M financing.
Read it and weep, moe.
"The company's recent filing of a final short form base shelf prospectus with Canadian securities commissions, barring Quebec, allows it to issue an array of securities, including common shares, warrants, subscription receipts, units, and debt securities, amounting to a staggering $50 million.
The specifics of these securities will be determined based on prevailing market conditions and outlined in future prospectus supplements. Notably, the company has no immediate plans to initiate an offering, yet the filing aims to provide financial flexibility for the advancement of its business."