PINL:GRPOF - Post by User
Comment by
shrinkon Mar 24, 2018 4:23pm
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Post# 27776004
RE:RE:Capital raise by Tetra is going to launch this company!
RE:RE:Capital raise by Tetra is going to launch this company!Equity financing is a very common way to pay off debt, at least until there is revenue.
gkmackdadzzz1 wrote: LeafRider wrote: ....
Stay loose, stay strong, and ignore the trash. We will do just fine after we secure the 1000 or so patients for the phase 3 clinical. I believe that news will come within 2 weeks or less. April 20, is going to be real hype for legalization, don't kid yourself, every millenial on the planet will be smoking Trudeau's bud legal or not on 4-20. Media will be looking for a story and what better way than to talk about what Tetra is doing.
The word will get out, new shareholders will come to the table. Cheers!
you honestly think coming 4-20, media will be talking about a pharma company having no brand? there will be increased volume on LPs come april and you're gonna be shouting "be patient" while tetra just financed 4.5M to fund:
"Phase 3 trial for PPP001 and other clinical trials, to effect the repayment of indebtedness, for the support of its commercial efforts and for general corporate and working capital purposes" and 11.5M to fund:
"..the net proceeds from the Offering to continue the development of its clinical program aimed at bringing novel drugs and treatments to patients and their healthcare providers, to repay indebtedness of the Corporation, and for working capital and general corporate purposes." dilution to pay off debt. solid strategy!