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RStevens

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RStevens

Re: GregginAZ post# 41810

Monday, 08/14/2017 12:13:58 PM

Monday, August 14, 2017 12:13:58 PM

Post# of 54011
What growth plans would require more than $5m of capital immediately? If they're looking to do a large acquisition, they could easily take down a $10m company with cash + debt, or if they're looking to do a larger deal, a merger would become a possibility.

I just don't see the reason that a capital raise is required, especially with a depressed stock price. Just Capital Allocation 101, and they're currently failing.
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