GREY:SLHGF - Post by User
Comment by
equity4481on May 18, 2021 6:44pm
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Post# 33227303
RE:So, how do we trust Prad Sekar in the future?
RE:So, how do we trust Prad Sekar in the future?I will also add that this bought deal IS IN ADDITION TO the bench shelf filed a couple weeks ago.
AT LEAST it would not appear warrants were included with this deal, so I guess tht's something.
And the reason that this was done in this way is because the SP reduction for this deal will be picked up likely when the NASDAQ listing commences. And, he won't need cash for a while so the new US investors will not get the same treatment in the near term. Either way, we the Canadian shareholders just got screwed by a CEO who was I thought was both ethical and very bright.
So tomorrows pain will be short lived, but the memory of a CEO who lied to us will remain. The only question is, when will he use the Bench Shelf, because obviously he does not mind diluting our investment in the company.
So, love the model, dislike the misleading interviews he gave to get to this point.