OTCQX:VLNCF - Post by User
Comment by
SIMPLICITI1on Dec 16, 2021 9:11am
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Post# 34236116
RE:Valens Company Sources $40.0 Million Term Loan To Fund Growt
RE:Valens Company Sources $40.0 Million Term Loan To Fund GrowtWell, if "To Fund Growth" means cash to support the ever expanding burn rate and past purchase obligations, then I guess its better than selling paper at these levels.
My guess is the new forecasts for the expanded enterprise are lower than they were when acquisitions were made. Ouch!
Wish and a Prayer Management.