GREY:NEPTF - Post by User
Post by
Intuitx2on Nov 09, 2019 11:49am
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Post# 30331349
So why didn't NEPT go to Canadian Banks for their $41 mill?
So why didn't NEPT go to Canadian Banks for their $41 mill?Imho, going to a bank would mean opening up the books, including order books and hence customer names versus doing a private capital raise in the U.S. as well as for other reasons....historical game plan, in comparsion to comment made by former CEO Jim Hamilton, their banks and insuarnce companies support them....???????? So why run to a private equity firm in New York located in the "death star" building? When you weigh that move in light of the risk involved in investing in a Canadian cannabis THC company by a U.S. based firm...remember, THC is still not legal at the Federal level.
Side note: 3 wolves vs an well antlered elk weighing more than double of the wolves combined...how do you bring down the elk? Create panic to make it run and then attack in targeted unison at it's vulnerable points. Once the shorts start to run. Moral of the story, panic kills.