Post by
9Islucky on Dec 21, 2020 9:02am
Second stock issuance in a couple months
It's evident that Grb is short of cash,with the second offering of stock in 2 months.Albeit the latest offering seems on favorable terms.But,the question is:without revenue for a year or more how much potential dilution will we see?
Comment by
Doctor90 on Dec 21, 2020 9:16am
extremely small raises and my assumption is that is a means of letting insiders in because of pending results...
Comment by
Chedda1 on Dec 21, 2020 9:20am
Pretty easy to read between the lines. You require cash for corporate developments. Corporate development on any front is very positive