TSXV:RLV.H - Post by User
Comment by
Chas15on Jun 17, 2020 1:56pm
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Post# 31161193
RE:RE:RE:RE:RE:RE:RE:RE:What does Material News Mean Actually
RE:RE:RE:RE:RE:RE:RE:RE:What does Material News Mean ActuallyI'll elaborate (this is my opinion and completely speculative) - I believe they easily were selling out of their product at 100k units per week, therefore, the PP at 0.035$ was very much needed to increase production numbers to meet clientele demand. Now, that could either be individual/small orders or (more likely in my opinion) they needed to increase production to meet the demands of continuous large orders from one company. Large corporations want product guarantees, and the PP gave them the cash to increase their production to meet the clients needs.