GREY:CEQXF - Post by User
Comment by
EstevanOutsideron Sep 14, 2018 12:17pm
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Post# 28621118
RE:Deal closed, financing closed, 20:1 consolidation
RE:Deal closed, financing closed, 20:1 consolidationSome good news there.
i) deal was able to be completed without backstop help = investor confidence
ii) warrants at 0.10 = lender belief
iii) 20:1 share consolidation = maybe bigger money/funds will re-enter
Overall an interesting play.
I still haven't received the converted shares yet.
This will be an interesting company to watch going into next year!
Congrats to Cequence for their hardwork and good luck to us all.