Board and management said they could not raise money BEFORE2019 takeover
this will come out in lawsuit during discovery /questioning under oath Defendants will have to testify that they tried all options to raise money if they lie under oath is serious offence
1-THEY NEVER ASKED RETAIL INVESTORS IF THEY COULD HELP RE RAISING MONEY
during meetings between Pritchard/best and investors in Jan 2019 in Laval and out west not once did they ask for help they have audio of these meetings
2- AS SOON AS THEY WIPED OUT RETAIL INVESTORS they did rights offering to retail investors and raised 38 million when confidence was at lowest they would have raised easy 100 million when confidence was higher
3- they wrote down ivig for 150 million part of takeover plan which doesn't make sense this was followed by sSHUTTING DOWN ATM which was just approved for up to 50 million. And could also have used second atm
4- they had offer by group who wanted to invest 50 million they didn't consider
ITS CLEAR THEY HAD OPTIONS TO RAISE MONEY proof exists
IF THEY WOULD HAVE RAISED MONEY THEY would not have MET CRITERIA FOR HARDSHIP at tsx and THEY WOULD NOT HAVE BEEN ABLE TO WIPE OUT retail investors and takeover prometic
will defendants lie under oath when asked is it true you could not RAISE MONEY