GREY:MRRCF - Post by User
Comment by
MiikeDon Dec 18, 2017 2:41am
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Post# 27176025
RE:RE:RE:Ben Ward
RE:RE:RE:Ben WardDon't get me wrong, you bring up some valid points. & yes I was around during that time.. bought in the 1.60$ range while it was on the way down. What else is there to say though. They needed the cash - for reasons that were mentioned and likely for general operations. If it was needed ASAP then offering at a discount would make some sense. I also agree how this company is likely discounted due to distrust of Ben Ward. Apparently AGM was just the other day.. It'd be nice to see the voting results.
Anyway, I think we'll be okay as long as Ward doesn't sink the ship between now and July. We can be the MEG Energy / Pennwest Petrolium of the cannabis sector.
StockDocta wrote: I know, they only had like 600K, but that doesnt mean you need to raise 40 million, with like 15% dillution, at a steep discount, when you're stocks starting to run from relatively massive news about the lovell deal. Its like they self-sabotaged. I felt the same way after that 4 banger of negative news back in October...which one of the items was about how they had no idea when the 31 million dollar financing was gonna close. Stock plumetted to 1.10, Then literally 2 days later it closed. Check it out if you werent in Mari at that time. Not a basher just looking to bring a bit of real life to the board instead of re-posting month old good news. #reallifetotheboard