GREY:SNNVF - Post by User
Comment by
GeorgeBasseton Oct 07, 2018 1:14pm
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Post# 28759617
RE:Holler Was Transparent
RE:Holler Was TransparentKrazyk3v wrote: https://www.sunniva.com/wp-content/uploads/2018/06/PublicEntrepreneur_Issue2_Sunniva.pdf Good to read this little article from June, reminding us that Holler himself even stated (last part of article) back then that they were intending to issue some more shares at some point, (current bought deal). The last time they did this was in March. Everyone seemed blind-sided, but he said it right there last June that it was probably going to happen. Everyone was also so focused on the prospect of debt financing that they were just blind to this. Overall I like his last blurb, and the key is to remember that his overall attitude is shareholder friendly, and that there really isn`t anything to suggest he has let anyone down, except with missing the timeline a bit, but that`s par for the course I think. In the recent filings on SEDAR from October 4th, everything seems on track for the Cali buildout, so go see for yourselves. ``Final Short Form Prospectus``, page 17 (use of proceeds). Specifically $7,000,000 from the bought deal will be used to fund leasehold improvements and purchase equipment for the Sunniva California Campus. I am excited for the next couple of quarters!
Krazykev is krazy funny, their houses were destroyed.