Ann: Trading Halt, page-10

This is what has me scratching my head. They have $2.6m cash in the bank and access to a further $2m from NAB. So, what is it that would require potentially more than $4.6m? This is where my head goes:

• They were approached by someone (institutional investor, large Cannabis company, who knows) looking to take a stake in the company and are willing to pay a premium for the shares which would still work out cheaper than if they had to buy on market
• Something has happened and the company hasn't been forthcoming with investors but needs to shore up capital ASAP - I strongly doubt this is the case as I received an email from Nan last week saying the crops were doing very well
• NAB is looking to remove or decrease the facility due to other bad loans in the industry *cough* CAN *cough*
• There is an opportunity that exceeds their current cash reserves and facilities
• We will never find out, the company will issue the standard discount and say something stupid like "for general working capital"