GREY:MYMMF - Post by User
Comment by
jerbot33on Dec 03, 2018 5:53pm
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Post# 29057254
RE:RE:RE:RE:RE:RE:MYM Announces $25,000,000 CDN Equity Investment
RE:RE:RE:RE:RE:RE:MYM Announces $25,000,000 CDN Equity InvestmentThey could be for real. I'm sure they don't want to dilute especially if this is the round of funding they're expecting to get them operational, which could also explain why they're letting the price fall. Allows the financier to get the biggest % at the lowest cost.
Devils' advocate suggests that when you dilute like C.AGRA (5:1), it creates a large amount of gray to cook the books in. It's like when you parents pay for the first semester of college and you spend all your money at the bar. Money wasn't spent on books or a new computer, but if you some how manage to pass the tests, it doesnt' matter what you spent the money on.