Vert Infrastructure Ltd. (CRXPF)

[chemist72]

Wonder how many shares CRXPF will issue next time they need financing?

My estimate is that they will need to issue about 6M shares at about $.03 to $.04 (Canadian$) in order to have enough money to continue operations for a couple more months.

Of course, they should have enough money currently from issuing shares before this recent price plunge to operate for at least several more months.

Their last reported issuance of shares was given in their August Monthly Progress Report as follows:

"Security: Common Shares
Number Issued: 1,370,478
Details of Issuance: August 2019"

No price was given, nor the total amount of funds raised.

https://webfiles.thecse.com/F-CROP_CSE_Form_7_-August_2019.pdf?wKd9KvsQ7KryQjeYQKByKM4UtfQcaj9B