Replies to post #40985 on Banro Corp. fka BAA

[TeamTOC]

Dude...seriously? This is your comment from the post that started our conversation...

Also considering CIBC searched for months to find someone to pony up a mere 10million for this company earlier this year and was unable to shows just how hard it is for this company to access capital markets.

Maybe I am wrong, but I am assuming the $10M that you are talking about is what was announced in the Feburary 27th, 2015 press release announcing the $100M financing? If you are talking about another $10M that has CIBC tied to it from earlier this year, please provide the link, as I certainly don't recall ever seeing anything else this year where CIBC was finding "someone to pony up a mere $10 million".

So here is the link to the Feb 27, 2015 press release.

http://news.banro.com/press-releases/banro-announces-us100-million-financing-and-provi-nyse-mkt-baa-201502270994340001

and below in bold is directly from the end of the first paragraph.

The Company and its financial advisor, CIBC World Markets Inc., will seek to obtain commitments for the remainder of the gold stream transaction prior to the expected close in April.

Please tell me how your original comment still applies? Unless you are arguing that CIBC didn't actually help "seek to obtain commitments"? If that is your argument that CIBC didn't help I once again ask you to please provide a link.