TSXV:RHT.H - Post by User
Comment by
dannyd9on Oct 12, 2017 9:24am
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Post# 26803445
RE:RE:Hard to put a negative spin on that pp
RE:RE:Hard to put a negative spin on that ppLets face it, we all knew that at some point they would have to raise money. Some ask why they couldnt wait until the sacred heart white paper or feldman announcement. Because good companies that plan ahead don't wait for the stock price to dictate their short term needs. If they wait and receive a set back it would be seen as terrible planning. The 4 million is needed now because they are ramping up and need the capital to pay the bills. They will need to raise more money within 4 to 6 months if they need the ramp up even further. Hopefully the next one is in the 60 to 70 cent range.