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Re: RESolute post# 11761

Thursday, 02/26/2015 12:20:20 PM

Thursday, February 26, 2015 12:20:20 PM

Post# of 14097
Appreciate the feedback. As with any public company, they need to raise funds to keep/grow the business, that is why they are public. That should be obvious to anyone here. It's just a question of when they do it, and on what terms. The more successful they become, the better terms they can get. There is always he risk they won't be successful, as with any stock.

As money is limited, they need to focus on specific markets versus spreading out randomly to different states. While you may want it in Ohio, it probably doesn't make sense at this time with limited capital. I'm guessing distribution costs get much higher the further away they get from their HQ in NY, so until they are looking to expand into different regions it's not going to make sense financially.

Best of luck out there smile

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