GREY:MYMMF - Post by User
Comment by
UpUpWeGoon May 03, 2018 12:07am
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Post# 27974313
RE:RE:Thoughts?
RE:RE:Thoughts?sheeple1 wrote: Seriously ...read the statement... no licence, a derelict 10,000-sf warehouse and a pipedream 100,000-sf in Quebec!
"The Company is dependent on the borrowing of cash and the issuance of shares to finance its activities .... The Company will have to raise additional funds in the future to continue its operations. There can be no assurance that the Company will be successful in its efforts. If such funds are not available or other sources of financing cannot be obtained, then the Company will be forced to curtail its activities."
"The Company has minimal operations to generate cash flow and its long term financial success will be dependent on the Company’s ability to increase revenues, secure loans and grants and to obtain equity financing. The Company’s next immediate step in development is to raise the capital required to continue its investment in ...... a 51% interest in a 10,000-sf production facility in Laval, QC." AND a "75% of a 100,000-sf greenhouse" in Weedon, QC
"The Company does not have any proposed transactions...."
OUCH this could drop to 10 cents in no time.