Lack of toxic financing may be attributed to a few factors. I think most legit companies try to avoid toxic financing situations if possible. When a company is unable to raise capital through less toxic means...then it becomes a necessity.
In MRPHF's quest for capital...having Corey Klassen aboard probably helped. Corey being the owner of a mortgage lender has been able raise capital at will. In looking through SEDAR filings...most of the capital raised through PP warrants and options etc...has come from Canadians investors. This tells me they are nowhere near desperate for questionable financing. The US investor market has hardly been touched yet as far as MRPHF PP is concerned.
Raising capital has created slight dilution...but massive growth in a relatively short period of time.
The companies that have used toxic financing...or excessive dilution...are paying the price for those bad decisions.
As revenues begin to grow...I see less need to sell shares for expansion capital...and more a need to look for capital through eventual partners/buyout opportunities.
You got in at a good price I'm here waiting to pick some more up at.16 I already have 6000+ shares but I want... So hoping to see it touch .16 to grab up some more at that price that's my target
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