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Bullboard - Stock Discussion Forum Traxion Sab De Cv Ord Shs GRPOF

Grupo Traxion SAB de CV is a Mexico-based company engaged in the transportation sector. The Company provides logistics services within eight business areas: Fright, including intermodal and multimodal services, door-to-door, national and cross-border distribution, among others; Integrated logistics, including logistics management, aerial and maritime services and custom transportation support... see more

PINL:GRPOF - Post Discussion

Traxion Sab De Cv Ord Shs > Why all of the discussions about Financing
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Post by NSX001 on May 11, 2021 3:21pm

Why all of the discussions about Financing

I don't understand all the fascination and disappointment with something that's a necessity in the pharmaceutical industry. Money is always needed for research and development, so until there is a revenue stream to self finance, it will happen again.

Stop complaining and accept the inevitable. The deed is done and there's no point in discussing it further. Take advantage of the lower price and buy some more , these new investors bought in at $0.40, with warrants at $0.51 in two years. The shares are trading at $0.36 - $0.37, that's below their purchase price, how long do you think they'll stay there?

They didn't invest $10 million dollars at $0.40 just so they can sell them later at $0.40.

NSX001
Comment by BPP1976 on May 11, 2021 3:54pm
This is the most intelligent comment I have seen on here today. It takes money to make money. TBP are on the right track. They are doing the trials that nobody else has done. Trials cost money. They are keeping the raises to a minimum. No one is lining their pockets. Glta
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