Interesting post.
I think that being half right or, even half wrong, is far better than being neither right nor wrong. The way to avoid being right or wrong is often a product of not committing to firm position on any of the substantive points.
I think it is very curious that CGB is refinancing $862,000 (and let's not speak of dilution) when there are still interest free and unsecured outstanding loans exceeding $1,200,000 to related parties?
If - anyone can explain that to me - I'm standing by! Do any posters have any ideas on the commercial wisdom of that arrangement ... by any chance?
"
Proceeds from the Capital-Raising are expected to be applied towards furthering the commercialisation of the MS research being undertaken by MCRG in conjunction with the Technion in Haifa, Israel, and for general working capital."
Seriously? Not sure what else one can say?
And this, "
No decision has yet been made regarding any potential separate listing of MCRG."
The SP is now down around 76% on the
company transforming blah, blah, blah - no updates on sales / income / cash on hand / balance / crops / yields / construction etc!
And is there anyone posting here that deems it prudent to ship cash off to Technion in Israel?
