TSXV:EPO.H - Post by User
Comment by
srpaton Sep 26, 2014 9:29am
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Post# 22972877
RE:so
RE:so
Good question, if this was for a larger private placement. I'd have to look, but I think this is the smallest one Encanto has done. It tells me they need just a little more funding to wait on the Indian government to finally sign this agreement. The reason it wouldn't do you any good to call Jimmy is that, IMO, all these shares are already spoken for between management. If I also had to guess, I would say that the majority of these would not be funded by Al-Wazan and instead by other management/Board members.