what "growing" demand...? and why does the company feel the need to capitalize the word in the PR? that has the impression they are arguing with someone on a message board with no facts instead of openly communicating with the shareholders. if they are going to be so adamant they are growing by CAPITALIZING the word - tell the shareholders where the growth is coming from. such as - is it Honeybow? is it the facility?
more importantly - once again they have not (and probably will not) disclose terms of the capital deal. Crestmark only cares about getting a return on their investment. they do not care if NUTT sells honey or creates money out of thin air as long as they get back.
is this convertible debt that will end up being highly dilutive? is this high interest debt? what is the payback terms? 6 months, 12months? 5 years? 10 years? how committed are they to the long term success.
that could be the weakest PR the company has put out yet and the market seems to agree with me. why spend the money to force something that useless through the newswires channels? it isnt free to disseminate information. if you are going to spend shareholder money - MAKE IT MATTER!
and i will save you a response - yes i have a very negative bias and they will have to really knock my socks off with impressive top and bottom line results that are independently verifiable and reported publicly with the SEC before i will trust any of their PRs. their past actions have given them no room for benefit of the doubt.
and with ZERO shares traded since the announcement and since their last adviser hire - the market also seems to agree with me that there is nothing substantive here.
News 
Market Data 
Discover 
AI
