Isodiol International Inc ISOLF

RE:RE:RE:Financing Closing?

[ttboy29]

CBDInvestor wrote: I think it's unfortunate, but I bet management will cave and give better terms if they ask for it, instead of pulling the entire deal, releasing financials early for a rebound and going in for another round later on. Sit on 4-5% interest and finance using debt, equity does not seem like the way to go. Interest rates should be taken advantage of....... silly mgmt. Instead of 5% per year interest were bleeding 5% share price per day lol. Cmon.

spock9 wrote: With the price dropping below 0.73, the fund might ask for better terms. It seems after each financing, the SP drops 20% below. Hopefully we bounce off quickly from 60s otherwise there is no real support until 30s and that would be a full cycle back to 2017 baseline. Hard to make sense what happened to the SP other than massive dilution from the insiders. In the AGM booklet back in Feb., there was a CDO (somthing like that) entity controlling 130 million shares and not listed as insiders but what are they? Still hold a small postion but not expecting much SP movement perhaps until next year.

I don't think this is situation where they cave. The financing was supposed to close on May 11th and on May 11th the price closed at 74 cents. Maybe this delay has something to do with Anson no longer being involved.