I just don’t like the kind of companies we are g
Post# of 36566
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Posted On: 02/22/2019 11:54:16 PM
I just don’t like the kind of companies we are getting these loans from. This company was formed in 2015 and is not afraid to sue the companies they lend money to. They get great deals with warrants and conversion benefits. Sounds so much like Alpha. Just wish this type of kind was behind us at this point. I understand it’s money GNBT needs to move forward on certain goals. With the Veneto expansion, I’m sure the revenues being generated need to be reinvested into all the new states we are moving into to get to that 27 state goal in 12-18 months. Doesn’t mean I have to like where they are getting this short term money from.
Just venting.
Just venting.
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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.