Post by
bluemoons20 on Sep 27, 2021 6:14pm
fun to guess
Boy was that exciting??? My understanding was that they had enough money for about 2 or three years (depeding on the announcement). Also thought GE was going to sell the product.
Seems a lot of this was smoke and mirrors or else they would not be raising money this way and especially at prices well under market. If you have something good to sell folks get over market for a PP not a discount and then a warrant thrown in as well!!
Looks like another few years of waiting again. So much for a 100 unit buyout!!!
GLTA
Comment by
tineta on Sep 27, 2021 6:22pm
The money could be up for increasing sale forces?
Comment by
jopatclo on Sep 27, 2021 6:30pm
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Comment by
Miner69 on Sep 27, 2021 6:36pm
Faak that... typical Vancouver microcap... diluting before we get going anywhere!! What's the point of 5 year warrants??? Stupid clause if the company getting bought out in near term... red flags all over!
Comment by
Pandora on Sep 27, 2021 7:23pm
Well at least that is an eternal optimist view. 3 weeks to closing? If it's a 'bought deal' should it take 3 weeks to close? Does that mean we are likely at the 48 - 50 cent range for the next 3 weeks?
Comment by
tineta on Sep 27, 2021 7:49pm
Not necessary, sp was going up too fast without real news or sale news. 52cents will make it self adjustment.