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Gnomestar Craft Inc VDQSF

Gnomestar Craft Inc. is a Canada-based craft cannabis company. The Company is engaged in the medical and recreational marijuana business. It operates in one business segment, the marijuana industry. The Company produces hand trimmed cultivars in its 12,000 square foot indoor facility in Delta, British Columbia.


GREY:VDQSF - Post by User

Post by indoubtgetouton Nov 08, 2018 2:46pm
99 Views
Post# 28945681

October 2018 Share Offering

October 2018 Share Offering20,000,000 shares at 10 cents and 20,000,000 warrantes (good for five years!!) at
15 cents.  Thats 40,000,000 on top of exisitng 40,000,000 shares outstanding.   That is a 100% dilution!!  What an excellent job management and board of directors are doing for shareholders.
Did I read on this blog that VP has the best cannabis management in North America!!??   Wow, with another $1.5 Million cash in the cookie jar (need to pay off the debt and underwriting fees), VP can do wonders....I wonder how long that money will last!!??   After the conversion of shares for loans and a balance of current liabilities of at least $1 million, I guess $500K will get them through Q1-19 which should allow all those 10 cent share owners enough to sell thier share to other very smart VP share buyers......
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