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Sunday, October 08, 2023 4:29:32 PM
They do not need to find a big investor to raise capital.
As long as they have liquidity in the stock TBLT can raise capital through a toxic financing which is traders participating in the capital raise. The second they do the deal, before it is closed, the traders, which are all institutional investors, will short the stock. once the deal closes and the traders get their shares, they will cover their short position and their long position will all be a profit even if the stock declines, which it will.
That is how bad public companies can raise money. It's a never ending cycle, as long as retail investors continue to buy the stock on the open market. Most retail investors do not understand that the capital raises are toxic and the stock will go down forever because the company will continue to do toxic capital raises.
No need for bankruptcy is you can continue to raise capital. Besides, their balance sheet is not bad - in fact they have a good balance sheet on paper, just cash poor.
Recent TBLT News
- Form 8-K - Current report • Edgar (US Regulatory) • 07/17/2024 08:00:13 PM
- ToughBuilt Industries, Inc. Announces Receipt of Nasdaq Staff Determination Letter and Hearing Request • GlobeNewswire Inc. • 07/03/2024 08:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/07/2024 08:00:24 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/24/2024 08:10:25 PM
- ToughBuilt Industries Announces Receipt of Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q • GlobeNewswire Inc. • 05/24/2024 08:10:00 PM
- Toughbuilt Industries Announces Receipt of Nasdaq Delinquency Notice • GlobeNewswire Inc. • 04/25/2024 08:05:00 PM
- ToughBuilt Obtains Purchase Order Financing to Fuel Supply Chain and Growth Initiatives • GlobeNewswire Inc. • 04/02/2024 12:30:00 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/21/2024 09:38:52 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/20/2024 02:13:37 PM
- ToughBuilt Industries Announces Closing of $3.5 Million Public Offering • GlobeNewswire Inc. • 02/16/2024 09:05:00 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 02/16/2024 05:01:26 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 02/16/2024 04:58:58 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/14/2024 08:38:38 PM
- ToughBuilt Industries Announces Pricing of $3.5 Million Public Offering • GlobeNewswire Inc. • 02/14/2024 01:00:00 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 02/14/2024 05:15:16 AM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 01:14:34 AM
- ToughBuilt Anticipates Positive Operating Cash Flow by Q3 2024 • GlobeNewswire Inc. • 02/13/2024 01:00:00 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 02/09/2024 10:17:06 PM
- ToughBuilt Industries Accelerates Growth with Expanded StackTech® Ecosystem, Targeting $6.8 Billion Market • GlobeNewswire Inc. • 01/31/2024 09:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/29/2024 11:30:15 AM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 01/26/2024 09:09:17 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/17/2024 07:30:18 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/26/2023 10:00:28 PM
- ToughBuilt Industries, Inc. Announces Reverse Stock Split • GlobeNewswire Inc. • 12/26/2023 09:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/11/2023 09:53:32 PM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM
Avant Technologies Welcomes Back Former CEO with Eye Toward Future Growth and Expansion • AVAI • Jul 17, 2024 8:00 AM