Home > Boards > US OTC > Food - Beverages > Tiger Reef Inc. (TGRR)

lthough we have no minimum offering, we have

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BRATTLECAM   Thursday, 10/17/19 09:36:42 AM
Re: None
Post # of 11170 
lthough we have no minimum offering, we have calculated use of proceeds such that if we raise 25% of the offering we should have sufficient working capital to sustain operations for the next twelve-month period; 25% of the Maximum Offering is sufficient to keep the Company current with its public listing status costs with prudently budgeted funds remaining to complete the pending acquisition of Atlas Solar Holdings, LLC (“Atlas”) and start making new solar installations in key markets. If the Company were to raise 50% of the Maximum Offering, then we would be able to significantly expand our capital investments in our operating businesses, and further, raising the Maximum Offering will enable the Company to explore additional cash-flow positive acquisitions similar to Atlas. If we begin to generate profits, we plan to increase our capital investment in both of our operating businesses."

TGRR/GREEN

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