Monday, September 10, 2018 9:06:39 AM
It has been a while since we have heard anything about raising more capital. Selling more shares would add to dilution. I think revenues soon to be coming in...may be one reason there's not been more capital raised lately. I think another possible reason...would be IF they were in talks with a potential partner or buyout...there would be no need to address raising more capital.
Since crop revenues have not started yet...I think there may be something brewing (no pun intended) in the board room. Every couple of months there was more capital raised...it's been quiet since June 4 2018. It's been three and a half months since we raised cash...at our usual cash burn rate...we are overdue for cash. With all the need for operating expenses and expansion capital...we are either long overdue for more cash...or MRPHF is in talks with one or more companies. Since they have never been shy about raising more cash...IMHO something is going on behind the scenes. Someone like InBev has the cash to make all our troubles go away...and all our dreams and goals come true....GO MRPHF
GLTA
WATCH US GROW...MRPHF
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