GREY:MRRCF - Post by User
Post by
DSeng89on Dec 11, 2018 11:38am
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Post# 29097260
Somethings up...
Somethings up...These guys are well aware that their cash position is below $50M now and have decided to go ahead with this acquisition. They are either really confident that they can secure another round of financing for $30-50M or they are looking to merge / get acquired from a company. There must be a reason Clay was brought on board because these international acquisitions don't require his expertise at all. There will definitely be a big announcement prior to the release of our next financials.