TSXV:RHT.H - Post by User
Comment by
Ziondogon Jul 18, 2019 5:46pm
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Post# 29937040
RE:RE:A two sided razor
RE:RE:A two sided razor
My answer would be that the company is desparate for cash so you exercise the options now to provide some cash to the sinking ship. It is way of providing some cash if you cannot come up with a financing plan. Yes, it shows confidence by management, but it also shows me that the company is out of cash. Read more at https://stockhouse.com/companies/bullboard?symbol=v.rht&postid=29936606#Z4S24V6obca4wz40.99
The company took a big hit in confidence and credibility from its long silence, so it might be they are more desperate to restore that than they are to simply raise cash. The fact is that they do have an income stream, unlike many stocks that are nothing more than plans and hopes for income.