Post by
Duediliguyedili on Feb 06, 2020 6:58pm
Wow
Sal is this the big news you were talking about. This is very disturbing , even the use of proceeds . they mention 300k for the retail which we know is not doing well but do not show an allocation for their online business which should really be the focus. also looks like this possible agreement with the mysterious consustant is not even firm even if they raise the capital. This is really big news ?
Comment by
Sal1958 on Feb 06, 2020 8:22pm
Unfortunately not. This looks like the initial private placement was to low for the aproval of the TSX and needed to be increased. This change makes it Difficult to put a closure on anything else on this NR.
Comment by
athleticsguy on Feb 06, 2020 10:06pm
Looks like the $7m requirement is only 1 of the necessary conditions... The unfortunate thing is they don't even need to hire this consultant to turn things around... They can do it in house if they change their methodology and strategy...