TSXV:TRL.H - Post by User
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PitchinPennieson Nov 22, 2021 4:31pm
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Post# 34154481
Season-ending cliffhanger
Season-ending cliffhangerWhen we last heard from CEO "Itchy" Gudaitis, the fuse was lit on the Acerus debt-bomb.
Did HC Wainwright ever come through with a payday loan? Will board chair Ian "Scratchy" Ihnatowycz need to dip further into his children's inheritance to keep the the final act of this tragedy going? Will our heroes find their long sought-after "greater fool" to step forward with some rescue cash? Or will it be curtains for all?
Tune in next week for what could be the final episode of Itchy and Scratchy in "How Dumb Was My Management."
"The Company will need further equity or debt investment to meet its cash loan covenants by the end of November. The Company has engaged HC Wainwright, a New York based investment bank, to assist it in identifying additional investment opportunities. The Company will provide an update on its progress when available."