CEA Industries Inc. (CEAD)

[JMTco]

Perhaps it has been said but I don't see it - I'd much rather see a debt raise than a secondary offering or acquisition paid with stock.

Stock is currency, except this currency remains (in my opinion) dramatically undervalued. So using the currency at this value to purchase either cash in a secondary offering or other companies via acquisition seems less than ideal.

I suspect the company would rather take on new debt (currently has none except forgivable PPP loan) but Surna also isn't the most attractive borrower right now, so Management is exploring other avenues for raising the cash it needs to execute on its strategic vision. It makes sense to me, but I'd like to know that other options (specifically raising debt to raise cash) have been ruled out.