Post by
123600 on Jan 30, 2021 12:16pm
$raise
that raise was micky mouse $370/K and 50c no less. Wat's the matter with the multi ml order is it not bankable?
Comment by
Edcando on Jan 30, 2021 12:58pm
Lol it sure is bankable. When it's done and ready to be shipped. Meanwhile they're are many costs both fixed and not that must be taken care of. It sure was Mickey Mouse. Shows the company is being fiscally prudent by raising only what they need rather than get fat off the hog. Would you have preferred a massive $10 million raise? No? Didn't think so.
Comment by
frankman on Jan 31, 2021 2:07am
Ed once we start receiving revenues (confirmed) they can certainly go to the bank (if not now) to establish a business line of credit to cover ongoing costs. No shares involved. Hopefully another raise is not necessary. At least that’s the way I would do it.
Comment by
Edcando on Jan 31, 2021 2:26am
I don't necessarily disagree. Both have their positives and negatives , and I'd imagine the best option could depend on diffeeent variables for a company ( rate of growth , carrying costs, share float). I'm not saying there will be one. I'm just saying I'm prepared for them lol. But yes let's hope for such killer sales we need neither!!!!! Lol GLTUA.