TSXV:RHT.H - Post by User
Comment by
Aei773ouon Aug 07, 2020 7:36pm
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Post# 31381539
RE:RE:Private placement at this moment?
RE:RE:Private placement at this moment?“running on fumes” you do think the company is desperately in need to be supplied with of a life supporting line.
lscfa wrote: Co. is running on fumes. Broker could do it on a best efforts basis. Lisa said they will hit up family run investment firms in US.
Aei773ou wrote: I think it will be a gift if they are successful to achieve even half of what they expect, whatever the range. That being said in order to attract potential underwriters all they have in hand is the agreements they signed in the past and how many more may be coming. The underwritters would demand solid backing in the evaluation to decide a price. That leads to some undisclosed details in these agreements with healthcare providers selling iUGO must be made known to them. So what I am saying is we will have some clue as to what we don’t know before about these agreements. Personally I am not hold my breath on a PP at the moment with the pandemic still seems uncontrollable in the Southern and the Midwest States.