GREY:CRXPF - Post by User
Comment by
optex1972on Jan 08, 2019 9:28pm
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Post# 29203607
RE:RE:CROP- READ THIS PREVIOUS NEWS FOR REVENUE
RE:RE:CROP- READ THIS PREVIOUS NEWS FOR REVENUEStSebastian wrote:
I think the important thing you are highliting from this NR is " The initial $3.2 Million, equivalent to ~89,000 pounds of product, will be allocated towards paying for 60% of the extraction facility. The balance of ~$2.0 Million, due in cash over the next eight months will be financed by revenue from the companys operations." Explaing that revenues are going towards growth and not quick cash
I agree no dillution, utilizing revenues to expand is not a bad thing at all. I like that this management is being respectful of shareholder value. Not always common in this sector