GREY:SPONF - Post by User
Post by
GObabyGO1on Mar 23, 2021 6:36pm
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Post# 32860747
Where is the money going?
Where is the money going?So they just raised almost $6 Million...it would be fantastic to elaborate to shareholders where that money is going and why. We now have a whopping 1 BILLION shares now....I repeat 1 BILLION shares o/s! This is becoming a bit of a joke in the market. No regard for shareholders what so ever...I understand production isn't cheap but $6 million? AND selling stock at $0.025 just blows my mind. Not too long ago we had 100-200 million volume days on the run up to $0.13. Wouldn't it have been a smart idea to run a PP around this time for say $0.05-$0.06? I was very bullish just a few weeks ago but I'm starting to question some of the decisions made by management here. They are clearly at the mercy of greedy debt lenders filling their boots at our expense. If they don't come out with some blockbuster numbers or PO's soon for Doc Wylder's I'm afraid we are stuck in the mud and will drift lower. The potential here is huge! But execution here is so important. Let's hope they have some good news in the pipe line in the near future.