TSXV:SUGR.W.H - Post by User
Comment by
miscstuffon Jun 15, 2020 8:30pm
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Post# 31153685
RE:RE:RE:RE:Close It Baby . News
RE:RE:RE:RE:Close It Baby . NewsReachAroundPaul wrote: 12% interest LMFAO What a joke..Fed rate almost ZERO..Someone making huge coin here plus secured..My oh my the game of these worthless share issuing businesses continues.Any company that needs to issue stock to pay the wages is never going to make it PERIOD.A good business plan would have apositive cash flow already.Its not that hard to do.......Instead overpaid and top heavy mgt eat everything up....Glad i dont own this junk
A better way to play it: sell your shares for .05, buy the debentures and convert them to shares at .05, pocket the 36% interest they give you for cashing in early, and keep the free warrants for a rainy day. As I said earlier, a very bad dilutive deal for any shareholder who is unable to get in line quick enough, but I bet the package is already spoken for.