VENZ How Capital is Raised and Share Price Valuation
There is no such thing as an IPO after initial issuance. The only other option and likely not is secondary market offering which big blue chip companies even offer at a discount. Many of the mj companies issued at 30pct or more market impact. Advisor fees are outrageous but that's how 99pct of companies raise and need to raise. Venzee is so thinly traded in terms of dollars and a 5cent increase can happen with a few 100thousand dollars at any point. What needs to be done is obtain confirmation that there will be an ability to operate on a go forward basis on cash flow only. Biggest thing is no debt which is significant when looking at enterprise valuation. We need constructive contact to confirm with the company. While no guarantee would be provided insight would be obtained.