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raistthemage

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raistthemage

Re: Whalatane post# 205150

Thursday, 08/01/2019 9:17:55 PM

Thursday, August 01, 2019 9:17:55 PM

Post# of 425795
Don't like borrowing money myself but if its a question of borrowing against an extremely profitable income stream at a low interest rate (as Vascepa should be) vs diluting ownership in it... better to borrow. Diluting instead of borrowing also sends a message to the market that the management thinks the shares are overvalued...

So you meet with the bankers and say ... well we’re seeking approval but don’t have it yet .



So why not wait for approval?
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