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Posted On: 05/17/2017 11:21:21 AM
Post# of 75075
Re: Roger Wilco #34339
With roughly a $55 million market cap and annual revenues of < $1 million it's tough to make a case for jumping into RMHB at any level above 0.01
They are already bumping up against the 800 million authorized share count, since they currently have 784 million outstanding.
They have $458 in cash and will need additional working capital at some point.
How do you think that they will acquire these necessary funds?
A company this size and scope is very limited in what financing options they have available to them.
Any thoughts on what do you think they will do?
They are already bumping up against the 800 million authorized share count, since they currently have 784 million outstanding.
They have $458 in cash and will need additional working capital at some point.
How do you think that they will acquire these necessary funds?
A company this size and scope is very limited in what financing options they have available to them.
Any thoughts on what do you think they will do?
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