Novo Integrated Sciences Inc (NVOS)

[47cj2a]

Not really. i see it more as a net neutral. They have nothing to sell, or thats even close to being sold, the company sports a 10 million dollar market cap, with no cash or products and has 1.2 million in debt.

In order to have anything to sell they have to spend 1.8 million more through debt and dilution. So the company in the near term will be closer 4 to 5 million in the hole by the time they have something marketable. 3 million current debt which includes the purchase of the HPBS. Projecting it will take at least 1 to 2 more years to close the deal, then pay someone to build it than install and test. They are currently burning 1.2 million a year if the last 6 months are any indicator.

So TTEG will have a hard time remaining at these levels in my opinion with out massive support from out side money (non dilutive).

Doesn't matter who is driving when there is no car to drive.

It will be interesting to see for sure