OTCPK:CNZCF - Post by User
Comment by
Slyincalgaryon Oct 23, 2017 5:42pm
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Post# 26847191
RE:RE:RE:RE:MORE DILUTION....
RE:RE:RE:RE:MORE DILUTION....Agreed, also the financings that are overhangs to companies are when they are losing money and need to inject capital to stay afloat. It is much different when an acquisition is made and a small amount of cash is raised to have them fully funded and be able to take on whatever opportunities that they have. This deal provides instant revenue per year equivalent to what they paid in the purchase price, sounds like a great deal to me!
Also, think of it this way. Instead of trying to grow a long at a slower pace, Earth Innovations decided to sell !00% of their company to get only 10% of CNZ. They must really like what the future holds....now that is dilution haha!
Glta