not how they did it, they took the last ATM before the R/S there are no more ATM’s coming in the near future or hopefully ever. The PR they sent out a while back had the info in it.
This is the scenario every investor wanted from the start a crap load of cash, good revenues, low O/S and streamlined operations with low cost per gram.
109-135 mil O/S a 50 mil Q Operating cost with 70-75 mil per Q revenue and 250-300 mil cash on hand. Those are the numbers I am looking at post R/S
Like I said before it is a new company starting next week. We have not lost any business, the fat was cut way back and revenues should be ok.
The company generates revenue they just did not spend it wisely before. Those days are gone now and their goal is now profit over expansion. Booth is not at the ATM helm anymore so that shit stops after the R/S lol
GLTA
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