announcement out - capital raising, page-61

one of the few possibilities in my opinion (and i have stocks in my portfolio where one of these has happened - so its more from experience than a wild guess):

1 - The Deal is still on BUT the potentials are not willing to pay too much and rather wait it out till TIS runs out of cash and is desperate.

2 - TIS has decided that the terms of the deal is not favoring the shareholders and better raise capital enough to take VitroGro to the market on its own - atleast in EU and in parallel apply for FDA.

3 - There could be a delay of a few months for the deal to materialise. There is an institutional Investor or a cornerstone investor who wants in and given the low liquidity the only way to get in would be through a Placement - which could be at a nominal discount - i wouldnt be suprised if its at a premium. Getting a large Institutional investor gives a lot more stability to a small company.

4 - There is a serious threat of a takeover at a cheap price and management dont want that - so they want to raise sufficient capital to ward off any cheap takeover offers.

5 - The Deal has fallen through and company has decided better to go for a Cap Raising now than at a lower price - ALL sensible management do that.

6 - The management are a bunch of incompetent white liars who have decided to rip the shareholders by their lies and false promises.

In my opinion - 1,2,3 and 4 are most likely scenarious with 1 & 2 being the highest probability.

6 is definately not the case (again in my opinion) and i am reasonably sure whatever is being done is for the better of the shareholders in the long run.

Some people here will do anything to blast off the management.

Things which perplex me the most are statements like the one from whoami - " i am sitting on over 200% profit , my first 100k i bought at 14c and have been buying in high teens and low 20's average of just under 20c" - If that really be the case then what are you complaining about ? There is a rule to smart investing - if you get over 100% profit then you should take some off the table. Yes if you were expecting further 200% profit on 31st March - then who is to blame ??

For a LONG term holder - TIS has paid a fair amount in the last 12 months - and it will continue to pay as long as we believe in the management and the product. The moment we start doubting any of these - we'd better take the 200% profit and run off to a stock which has a better prospect.


I have been a long term holder and I believe in TIS and in the potential of VitroGro.

Pretty sure we will get to know the reasoning very soon and I am almost certain that it will be a good thing for the long term investor.

My opinions only - DYOR