TSXV:TRL.H - Post by User
Comment by
Contrarian333on Dec 02, 2019 9:03am
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Post# 30412515
RE:Great News!
RE:Great News!Like I said previously - forget about the $10m capital raise requirement - which they now apparently have. The ASP challenge is a basic sales and marketing challenge and they are putting themselves in to a position to address that properly with a leader who knows how to execute on this. Getting on more reimbursement plans in the U.S. will be key. I expect that we will see further support from the Chairman by way of capital contribution - and the refinancing of the current cumbersome debt. I've always assumed 100% dilution on the way to capturing a meaningful percentage of the vast U.S. market - and even on that basis - the numbers still make sense.