I see a few posts about TFS using the capital raising to...

I see a few posts about TFS using the capital raising to purchase the MIS growers trees.

I think this is what happens every year at maturity for the growers. TFS grows the trees for investors, then markets to sell the hardwood in the market. I think last year the hardwood was marketed through Grays Online. Of course TFS always bids for the hardwood and wins the Auction because they want the hardwood to convert it to oil.