GREY:SLHGF - Post by User
Comment by
Finallytherockon Dec 11, 2020 9:04pm
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Post# 32091865
RE:Well Oversubscribed deal
RE:Well Oversubscribed deal yeah, i am hearing they will get about $14-$15 million. rumor is that the institutions wanted them to raise even more but the ceo did not want to dilute too miuch. add that to around $10 million they already have and they probably have about $20-$25 million in the bank which is huge as it allows them to really move the acquisition startegy in hyper drive. i expect a lot of deals over the next few months. ceo mentioned yesterday they are close to signing a few 8 figure deals. that's huge. the amount of revenues they could be generating by the end of 2021 could be enormous. i could see this trading $3-$5+ by the end of 2021. although i expected the raise, i was truly pleasantly surprised they were able to do it at $1/share. remember, it was not long ago this stock was under .10. the stock just shot up over the last few days so i could have seen institutions requesting that the raise be done at a significant discount but it was not. this is getting exciting. i hold over 500k shares.