Best thing about the $2.2 million funding deal is
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Posted On: 04/01/2017 2:58:16 PM
Best thing about the $2.2 million funding deal is seeing the bashers fall all over themselves trying to figure out who kicked in the bucks, trying to paint it as somehow bad, jumping to all kinds of conclusions based on no data.... gotta pop some more popcorn before I go over there and read the latest batch of nonsense.
What we DO know is that this is a small cash raise, and chances are this new stock will not be sold into the market since it's in the best interests of current shareholders that no new supply become available.
And the small size (by corporate standards) certainly is suggestive that the company doesn't see a need to raise much more. A logical conclusion is that they are expecting an influx of money soon.
What we DO know is that this is a small cash raise, and chances are this new stock will not be sold into the market since it's in the best interests of current shareholders that no new supply become available.
And the small size (by corporate standards) certainly is suggestive that the company doesn't see a need to raise much more. A logical conclusion is that they are expecting an influx of money soon.
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