GREY:MRRCF - Post by User
Comment by
shinshinon May 01, 2018 8:03pm
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Post# 27967451
RE:RE:RE:RE:RE:RE:1.60
RE:RE:RE:RE:RE:RE:1.60I am certainly not a basher, in fact the exact opposite. I am very long in MARI but I am a bit concerned as to how well they will be able to execute with a limited supply of funds especially with all the unknowns that are ahead of us in the birth of this industry. Also, with all the negative events that have unfolded the last few months I think they could have a hard time getting funding.
I am in favor of a merger or a take over, but all in all they will still need funding in order to execute and grow the business quickly but financing for an unproven company comes at a high cost due to the risks involved.
All in all a few pieces have fallen into place the last couple weeks which is exciting but we still have a long way to go in order to get this train back on the tracks.
Just my two cents.