TSXV:TRL.H - Post by User
Comment by
WCoyoteon Feb 13, 2020 12:29pm
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Post# 30686521
RE:RE:Financing
RE:RE:Financingmercedesman wrote: Contrarian333 wrote: Balance sheet stabalized. Business plan funded for forseeable future.
+ 1/2 B 5 Centers.
You can't possibly see this as a good thing, can you? Yesterday this company was valued at less than $21M - now over night it will go to more than $70M? No, it won't. It is going back to the $20M area. IOW $0.02 a share, or something like that. Then to meet TSX requirements, they will have to do a reverse split, after which it will drop again. My losses are now sealed in.
Okay, so they got enough money to keep them afloat for maybe anohter 9-12 months. But this is it. This was a desperation move and this company's last kick at the can.
Twitch...