8 million dollars which will mostly go to where most of the previous funds have gone. The algae was supposed to be gangbusters years ago (and indeed it would literally made them billions if the claims were true. Then they needed to start a health food business which was going to make money to start the algae business. Not that it made sense, but of course rather than make money they paid themselves big wages and the algae food cost money, not made money. It was supposedly going to be bringing in huge dollars years ago, but we're not talking about that now, we're talking about marijuana. Another 8 million dollars they can use to pay themselves big wages with, grow a bit of marijuana along the way, then either some crazy new proposition or close down and start yet another company (AEB isn't the first company they've played this game with).
They're good at making their family rich, I'll give them that. It's a shame people just believe stuff without looking into it.
AEB Price at posting:
4.9¢ Sentiment: None Disclosure: Not Held