Royal Helium Ltd V.RHC

Couple of thoughts

[Steamworks44]

I thought would share a couple of random thoughts and observations on RHC.V(a lot of speculation and conspiracy theories):

1. Revenue from Helium Sales $98,162 less royalties of $5,644 
2. Recent interviews on 2 youtube videos:
   1. Davidson said a company of our size can never have enough capital, but have cash coming in so we are better than most.
   2. Cashflow from Helium could fund development
   3. Sparrowhawk deal done without issuing a share, so beneficial to shareholder.
   4. Said if Sparrowhawk would have been financed through equity, it would have cost over half the company. 
   5. Said secure credit for third facilty, which could be covered by Steveville cash flows.
   6. Said regarding share price, out of their control and there was a seller who was forced to sell.
3. I find it disingenous that the capital raise occured at $0.09 and there is more to it than has been communicated.
   1. I don't know any of the details, but my conspiracy theory is RHC entered into a deal for a dollar amount and released news hoping tried to pump the price going into into the shares issue, that didn't happen and were stuck doing the issue.  Now this part is total speculation, some sells short going into the new issue and covers there short with the new issue, essentially raising the capital to buy the shares through the market.  
   2. This raise cost the diluted existing shareholders about 25%, and cost about 20% of the company.
   3. Either Davidson got backed into a corner on the equity raise, or he somehow arranged a sweet deal for himself.
4. How pissed must the people on the last raise be and the ones that took shares in lieu of payment? 
5. Any future raises will gut the company further.