You are confused. Issuing new stock to purchase an entity IS NOT the same thing as selling new stock to rise funds on the open market.
You make it seem like I have said somewhere that I asserted a company can't use stock for purchases.
MNTR certainly CAN issue stock to another company as part of a purchase agreement.
Facebook and Google and Apple announce and MAKE PUBLIC when they purchase a company using stock.
Chester announced a 90 day time limit to complete the $9,000,000 initial purchase of Bhang.
No announcement of what MNTR did after that self-imposed deadline passed weeks ago.
THIS IS WRONG.
Additionally, Chester's announcements about how much cash Bhang received does not agree with the "financial statement" he posted just recently.
So, as you conflated two different things, I am not sure if you feel like you "won" or not lol.
Yes, a company can raise funds by selling new stock on the open market.
Yes, a company can pay for a contractual obligation with another company using new stock.
No, using new stock to pay a contractual obligation is not raising funds.
All of this, of course, is a distraction from Chester touting a "loan" from a nonexistent bank. The nonexistence of "Symbian Bank" and "Ravensburg Capital" is RELEVANT INFORMATION.
Chat with Chet about these two institutions.
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