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Alias Born | 01/30/2012 |
Saturday, June 11, 2016 3:06:12 PM
One thing we know for sure is that the company wants to issue more shares, or else why have a reverse split.
What we don't know is if they will be issuing them to Klean. On their website, when you register for the email list, you can say various things about why you are registering. The option that puzzled me most of all was you could also sign up as a potential investor, which to me seemed to be saying there was a potential public listing coming up maybe or at least minimum that it was saying they were looking to raise funds, for some purpose.
However we don't know what those funds might be for. If revenues are as strong as they say - then why not go to the bank and borrow money against projected future cash flows?
My post are my opinion only. You should do your own due diligence before investing in any stock or take professional advice. I am not an investment advisor. Kind Regards.
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