Post by
ggrellette on Dec 17, 2021 3:02pm
Private Placement will be required.................
by GNG to continue ANY work on any of the projects. The lowest amount possible the exchange will allow is 5 cents. So 5 cents is what they will peddle to the market. The question becomes can they attract the investment needed. There are a couple of players they could look at. Sadly one of them is Cannacrap which is a penny flipping outfit when it comes to this sector. So I can only pray JPS does not allow them to get involved but when u need money sadly u can not be discriminative.
Comment by
Smiles62 on Dec 17, 2021 8:28pm
And some of them demand that you get rid of the existing share holders by doing an exaggerated reverse, like a 10/1, which would push all existing share holders out of the way.