Harvest One have issued 14,667,000 warrants (options) along with the shares in the placement with a strike price of $1. It's nearly as good as money in the bank once the price breaches a dollar.
Payoff MMJ is in the region of 2-4 million dollars.
Phase One Duncan expansion 9 million.
Leaves 12 mill plus options so looking back around 25-26 million again.
They are going to literally burn through money so a CR is inevitable in Canada, but a CR doesn't seem to have the devastating effect to the SP that it does in specs here.
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