Another discounted placement at 5c per share with attached options with no facility for retail shareholders to join in.
I will vote against this!
No clear detail on what the money is for other than to advance their move into vertical farming. How will this placement do anything besides kicking the can down the road a bit further until the next discounted placement to a privileged few?
What is the count now? 3 CRs in less than 6 months?
The only positive I can see from this placement is that at least it was able to be done at a higher price than the previous placement.
RGI Price at posting:
5.9¢ Sentiment: Hold Disclosure: Held