Replies to post #19811 on GL Brands Inc. (fka GRLB)

[la_trader]

Actually I'm very pleased to see this level of anticipated spend- this means they have secured large opportunities and are actively growing the business on a massive scale.

I worry more when companies are spending little to nothing. takes big money to make big money. in the private and big board sector they call it 'rounds of funding' (VC, PP etc) - mega millions given to new startup ventures. If they performing and executing, even if far from profitable with a high rate of cash burn, they are able to obtain 2nd and 3rd rounds of capital raises.

FRLF is essentially following a similar formula and have an excellent equity fund partner in Merida.