GREY:MRRCF - Post by User
Comment by
DSeng89on Dec 21, 2018 8:06am
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Post# 29145001
RE:RE:RE:RE:No Reverse Split = Potential in USA
RE:RE:RE:RE:No Reverse Split = Potential in USASpot on. We just need to remember that this is a completely new industry and these guys along with all the other LPs are adjusting as they go. With that said, we need to hold them accountable for their mistakes and hope to see major progress QOQ. There's no point in trying to estimate what they will bring in for Q4. All we know is that it'll be substantially higher than Q3. We know they are still waiting on licensing for HC and each week we don't get the license delays massive revenues for us. With the reverse split cancelled, my only concern now is their cash position and being able to secure more funds to tie them over until Phase 1 generates enough sustainable revenue. If they can limit their CAPEX and manage their funds accordingly they should need only one more round of financing. Whether that be through debt financing or dilution is still up in the air.
pecraig67 wrote: Me as well ,I’m gonna continue to stand by Wayland just little ticked off on some of things that came out of meeting.selling couple hundred in caps is crazy an bad marketing.if we don’t have a halfway decent next qt an nice 1st ,it might make a lot more give up.me ive got the time I just want to see us pick this up an start making some money there’s no reason we shouldn’t.