EnviroGold Global Limited. C.NVRO

News out today

[farml1234]

PP upsized to 4 million $ canadian


jmho

[stockmaster59]

Is that good?

[farml1234]

in my opinion YES . Some will say no . The way i look at it the big money boys are looking ahead and thinking  the process works . jmho

[LargeMoose]

It's always good to have more support from capital markets and NVRO certainly needs to raise money to continue operating. The big negative about increasing it is that it dilutes current shareholders. Debt is convertible to shares at 6c CAD, so it is likely to be converted 1:1 and 8c warrants are pretty attractive as well. In addition, the debenture accrues interest at 10% rate. This is roughly

[KaiPar07]

No question that David has this company moving in the right direction.