GREY:IPRSF - Post by User
Comment by
Leafs007on Nov 28, 2014 12:14pm
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Post# 23174189
RE:RE:RE:RE:Lab is still cheap compared to AYA and IT
RE:RE:RE:RE:Lab is still cheap compared to AYA and ITWow! defensive are we? Probably a pumper. Any how....
According to latest finance, Aug 25, Lab has $1.4 M cash and no/little revenue. Where will cash come from for $100? My bet is on selling shares and coupled with debt financing. I'll believe it when I see it. Personally, I'll wait to see when/if the deal closes and how much dilution there are and at what price before deciding to dip in. I've seen this type of deal before, I prefer to wait to see where things fall.
Good luck to you though!