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This week, The Green Organic Dutchman (TSX: TGOD) announced it is having difficulty funding its expansion plans (and, thus, its revenue and EBITDA estimates) via commercial banks and equipment leasing, and the Canadian company said it “may revise the construction schedule” if it is “unable to obtain sufficient financing on reasonable terms, within the required time frame.”
But if you read between the lines, the additional $80 million is far from guaranteed.
What do these have in common? Business plans that assumed additional capital raises.