Post by
Gman620 on Sep 02, 2022 3:29pm
Sen cleaned his couch
It looks like the good doctor found $100K in his couch cushions to fund Sproutly thru the wind down period. He paid himself $8k in 'finders fees' and gave himself more warrants.
It's hard to think of another scenario where an 'investor' would throw 100 grand on the fire. But it could have been one of the unicorns on the Discord board valiantly coming to save the day.
Comment by
shneps on Sep 06, 2022 8:50am
Toronto Herbal Remedies had 64-70 Rqleigh Ave auctioned off on August 22nd with the transaction closing date supposed to be September 23rd. Was the auction successful? How much did they receive?
Comment by
shneps on Sep 06, 2022 8:58am
Sorry. Answering my own questions here. The auction was unsuccessful. They couldn't get the $4M minimum they basically needed for it. THR is taking it back and going to try and lease the property. Don't know where this leaves Sproutly.