GREY:LEDIF - Post by User
Post by
deepthinker63on Sep 01, 2018 11:34am
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Post# 28552711
The reality
The reality They have $3.5 million due over the next year. They’d have to refinance since they have little cash left. Plus, they still owe Crucs more than $1 million. I think the offering is a pretty good solution to the problem. If they issued more common shares, would have tons warrants attached. So, basically, I applaud this move.