OTCQX:HBORF - Post by User
Post by
Invest4Life2016on Mar 07, 2018 1:10pm
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Post# 27676732
Post Financing - 79 Million Shares Fully Diluted!
Post Financing - 79 Million Shares Fully Diluted!Stockhouse and most brokerages do not have the # of fully diluted shares, usually the company website will have the recent #, or it can be found on Sedar.com They obviously need to raise money and plan to do so by shelling out a max of 16 million shares at 25 cents and 16 million warrants exerciseable at 32 cents, bringing their fully diluted shares to over 100 million. Not sure what all the fuss is about since they aren’t Licensed to grow or sell cannabis in Canada, they did just partner with a tier 2 Licensed grower in Washington that has a 7,800 sq ft growing facility that needs cash injection now, in order to get up and producing by the second half of 2018. It will be interesting to see in several months, whether their plans to grow marijuana using a DWC method prove to be advantageous.
The share structure info from their investor presentation on their website. https://lineagegrow.com/wp-content/uploads/2018/01/Lineage-Presentation_WA_v4.pdf