Post by
lscfa on Nov 07, 2023 3:05pm
Fools to price a financing under these conditions
I've seen other co's cancel proposed financings due to adverse market conditions. This qualifies.
Comment by
lscfa on Nov 07, 2023 3:28pm
Do a bridge financing, say a $10 million 1-yr note from Celestial AI.
Comment by
wintersun10 on Nov 07, 2023 4:34pm
Then next time Poet runs out of cash and goes belly-up, Celestial AI becomes the proud owner of Poet. You got to make it harder for them to buy Poet.
Comment by
wintersun10 on Nov 07, 2023 3:54pm
I doubt with Poets track record anybody will be WILLING to risk any kind of loan to Poet. Not till Poet gets realistic and honest with honest language...