Re: Well son of a nut cracker
in response to
by
posted on
Jan 22, 2022 05:28PM
P.S. A CFO always wants more capital. I am not buying the "we don't need money now" story.
Well, then why isn't he taking it? I believe the most important thing is if we do consolidate, then don't give anyone a sweet deal/ as in a significant percentage (anything over 15%) of our company away at $5-$6 (effectively 66 cents per share US using today's price). I'm thinking our CFO sees it the same way. So when he says we don't need a raise now, it means we have a plan to grow organically quickly while on the Nasdaq where our news will have (in the company's opinion obviously) a much greater effect on our share price, and then he said we'll entertain a capital raise and hopefully not give away the farm.
What's not to like about a plan like that?
SP