ToughBuilt Industries Inc (TBLT)

[John_Vallay]

BANKRPUTCY WILL NOT HAPPEN

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.