GREY:CHALF - Post by User
Post by
Midasvalueon Feb 01, 2018 9:14am
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Post# 27477833
This new financing is paving the way for a great future
This new financing is paving the way for a great future ...for GLH.
According to my calculations they will have close to $30 million in cash not only because of this financing but also all of the warrant conversions which have occurred- so from a financial standpoint they are looking pretty, even if they're losing half a mil a month, and that is apparently narrowing by the day.
It creates so much more than breathing space. They can invest in more partnerships, facilities, and I'm hoping they'll establish broader distribution (someone posted about California recently and if that happens and GLH secures a vertical permit - this thing becomes a friggin rocket and they are positiioning themselves to be a North American leader).
Let's see.
The future is exciting.