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Re: MADDSTACKER post# 72

Wednesday, 10/02/2019 10:06:51 AM

Wednesday, October 02, 2019 10:06:51 AM

Post# of 275
They have a 25-month period to offer up to US$250 million of common shares, debt securities, subscription receipts, units, warrants, or any combination thereof. I doubt it would double the shares outstanding, unless they issued $250 million dollars worth of shares at this ridiculous price today. From a valuation standpoint, this may be the best deal I've ever seen based on the fact that the company will be generating close to $100 million of EBITDA in the next year or two. As they expand into California that EBITDA number will double. The chart is setting up for an explosion to the upside.