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Re: CPTMatt post# 77

Tuesday, 07/26/2016 3:26:07 PM

Tuesday, July 26, 2016 3:26:07 PM

Post# of 654

So financing is the hold-up for the lab purchase?



Yeah, the company still needs ~ C$ 1m for the lab, and probably 0.5 more for its operating expenses, maybe some improvements, etc.

I suppose the lab might not be willing to do something other than a cash deal (eg no equity)?



From what I heard, the lab owners are looking to retire, so they're probably not interested in anything other than a cash deal.

The last 42k that went through came from someone else, mine are still out there.



Interesting. I saw that the ask jumped back to 0.515, on a 42k purchase, so I just figured that they were yours.