HGV 0.00% 4.2¢ hygrovest limited

Ann: Harvest One Signs Funding Agreements with PanCann, page-6

  1. 876 Posts.
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    MMJ Giving up 49% of equity and 40% of production?

    Last production of 60KG as far as i remember... total equity as of Dec 2016 is about $20mil....

    equity includes cash so that too is effectively halved...

    do the math... i think indirectly MMJ gave away half the worth of company... for funding IMO

    and then that becomes a new company NewCo... all depending on ifs and buts

    MMJ could be falling knife in afternoon... DYOR
 
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