60m cash raise will be sub 40c ,likely 35c money will be used to purchase Blend and Pack , from memory has an ebit about $3m , cash burn about $5m a quarter , how are they better off? The current management if left in place will then go about stuffing Blend and Pack as they do with everything they touch.
60m cash raise will be sub 40c ,likely 35c money will be used to...
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