The last week26 Jun 2020 21:01
Few things to take away from the last week since Ed Macs Doc interview and today’s RNS
The company can’t invest meaningfully in recent/upcoming series raises from yooma, JUV, Emmac & Portage as they haven’t got the money.
Anything new that Saladino, Abony, Mellon come across and present to FFWD as investment grade plays we can’t do as we haven’t got the money.
The one maturing investment we have that would raise serious money we aren’t currently looking to monetise.
It went unnoticed by all (at least I’ve seen no one mention it anywhere)was Ed Mac name checking Saladino. This is someone who holds 9% at 17.4p and not someone who would want pointless dilution without a meaningful investment plan.
FFWD have pivoted to become a fund focusing on cannabis/hemp & Life Sciences. We have the perfect people to execute this plan, if we have quick access to be able to invest.
Portage pre uplist raise the classic recent example. People would moan if we didn’t take part and the same people would also moan if we’ve only taken CAN $242,850*
*96 investors in the raise, one unnamed Guernsey based entity took $242,850.