Green Growth Brands Inc (GGBXF)

[ignatiusrielly35]

It is most likely that the acquisitions were closed already using cash reserves and the offering proceeds are being used to replenish the bank account. Just a matter of timing. If I plan to buy a car with cash and I don’t have time to get a loan first I could plan to get a loan after the fact. Then I deplete my bank account and then take out the loan to replenish it. The purpose of the planned loan was always to buy the car with it. Doesn’t matter that the events occurred out of order.