If they raise $15M at 2.5c then we will Have a roughly 25% dilution. Not ideal. I'm not sure why we are even doing a CR. The loan facility is in place to cover inventory expansion. That's the only growth I'm aware of. We know they are not spending much on Ohm. so where is the extra cash needed? the $400k retail is probably only $100K in our bank, hardly worth mentioning. It's interesting to think that we need to be a 2.5 billion market cap company for share price to be a dollar. I'm
BUD Price at posting:
2.4¢ Sentiment: Hold Disclosure: Held