GREY:LGLTF - Post by User
Post by
paljoeyon Jul 10, 2015 7:10am
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Post# 23910566
$8 million Raised
$8 million RaisedTo raise $8 million in such a short time period is a strong endorsement of the quality of Loyalists business fundamentals.
Clearly, it is remarkable achievement that few thought would be possible.
New management now have plenty of working capital needed to completely redress operational ineffucuencies.
Bmo will back away from its aggressive stance on loans outstanding,allowing new management time to offload non core assets, with proceeds used to pay off BMO.
In the past, this stock has shown great response to orchestrated advances in share price.
It wont take them long to hit the 25 cent level..