TSXV:NSP.H - Post by User
Post by
BigRigon Dec 07, 2021 6:59pm
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Post# 34208525
Any news on PP?
Any news on PP?What are the odds PP fills?
What is more likely, PP closing or Consolidation?
I want to buy on open market but there is no catalysts that look appealing. Yes they want to buy a processing machine to make plant based meat alternative products inhouse but they need millions od dollars to do so. Without PP closing, they don't have the money to buy that equipment.
Question....why does the company keep bailing themselves out for such crappy business pratices where they constantly lose money every quarter, only to reset and raise crappy PPs that destroy shareholder value?
Why doesn't the company take out a loan against their assets ($2,027,145 worth of property and equipment) and start acting like a private company with real responsibilities of trying to turn a profit or risk going bankrupt. Use the loan to buy the equipment instead of always passing the buck to shareholders.