News Focus
News Focus
Followers 0
Posts 1357
Boards Moderated 0
Alias Born 03/20/2022

Re: White chocolate 250 post# 33902

Thursday, 12/01/2022 3:29:57 AM

Thursday, December 01, 2022 3:29:57 AM

Post# of 36920
Why dilute if you are finalizing a deal?


And what deal pray tell is revive finalizing???

Theyre currently awaiting a response from the fda re an ep change and after that, once approved, the seeking of an eua.

The companys been burning through cash for the past 2 years with the buccy trial and various other psychedelic projects.

Companies use the $$ raised through these means to fund their operations and revive is no different seeing that currently generates no rev$..

Also as stated its not a typical public share offering but rather a private placement transaction thats most likely only open to accredited investors.