CEMATRIX Corp T.CEMX

The reason I think

[kingscorpion]

Bushman check your PM.

So any of you guys remember what CEMX done recently? They increased their revolving credit line from $3 mil to $8 mil They have cash and cash equivalents of up to $8mil  plus this out of no where ,not needed, the $3.5 mil bought deal for a total of $19.5 mil cash at their disposal. 

For what when they don't the need cash. What I think is the company may be in  midst of acquiring a company So based on this amount it will be a company worth up to $14 to $16 mil. Perhaps up to the whole of $19.5 mil

[mjh9413]

Yes, up to 10% equity dilution if they take second share PP.  That's a lot of extra net income to stand still on eps so trust it is well used... Just one other  point, bought deals would be on-sold so there is little or no  risk to Agents.

[jsibbick]

Doesn't Beacon have to sell them? Which they would need the stock price above .45 cents or the lose money.

[Bubbajohny50]

They most likely have a number of institutional investors who want to take a position in CVX now that it is on the big board.  Like I have said in previous posts, a large majority of institutions will not touch the venture exchange.  And several investment firms frown heavily on their advisors to go anywhere near the venture exchange.  So, for the long run it's a good thing we

[tony08]

As Kingscorpion said, Cematrix did not really need this money and if they diluted the stock, it's probably that they have the intention of making an acquisition. It is somewhat disturbing to suffer a dilution, but today it can become a great opportunity to purchase before seeing Cematrix grow ....... All this can become very positive if management play their cards well with their new cash

[Bubbajohny50]

Yup.  

[Bubbajohny50]

Most infrastructure companies are boring.  It's their nature.  Just hope they become profitable and start paying dividends.  It could become exciting if it becomes a takeover candidate.  Like apparently GFL is under the radar as a potential takeover candidate.  Cematrix should be but that is probably 10-15 years away.