GREY:TBPMQ - Post by User
Comment by
SamV21on Dec 22, 2021 12:55pm
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Post# 34255018
RE:RE:RE:RE:Offer is closed
RE:RE:RE:RE:Offer is closedcolts123 wrote: Pretty sad when the market tells what they think of this POS. They were initially looking to raise $13m, then reduced to $6.1m now they have to settle for $2.1 million, with a burn rate of 1.5m per month. what will they do after January 2022 .
Question, if they were so confident for approval from Heath Canada why didn't they wait until after the approval to do the public offering . Even if they did get the Health Canada approval it would only increase 20cents/share at best (my opinion). I am betting we will see 2 cents/share . To think they were pumping this stock to $3, $5 $10 and $20 a share this summer
Jeez, I hope not ! Maybe Reduvo can get them up to .35 at least if it gets approved.