RE:RE:Offeringantonaki1 wrote: The negative is that the closing date is so far into the future. It will be a long month. The positive is that it's a bought deal, so the raise is a done deal, even if the stock hits significantly lower prices. However, would have liked to see a couple weeks closing date max.
The raise will create significant opportunities in building out the business going forward as that's a massive cash infusion with the addition of potential exercise of the warrants.
Hopefully the major new talent Sean is talking about is tech related, giving the company an even larger footprint as the leading technology company in the sector. Leading tech companies always command larger multiples. With the addition of Cannabis and vapes, the opportunities for growth are endless. The market cap even with the raise is still in the $600 thousands at this moment.
I don't agree with all your perspective ie blockchain technology but this was an insightful post. Why is a couple more weeks a headache in your mind? Blink of the eye for longs like myself.