RE:Here's a Thought... I agree DFC, it would definitely "look better" if they extended the debs form short to long.
I also believe Rosen is just being proactive with this special meeting so they know where they stand in the next 6 -18 months and are able to immediately implement plans to use the recent capital raise for more build out of current assets.
Speaking of their current assets, One thing I think the market hasn't given them credit for is that they own both of their new buildings outright which I'm sure are worth a pretty penny. (or nickle for us Canadians who don't know what pennies are)
Maybe instead of another capital raise and more stinkin share dilution that a sale-lease-back of one or both buildings would be better?
Another capital raise or leaseback may not even be immediately necessary pending reaching immediate goals and possibly becoming profitable in the next couple months.
DashForCash wrote: As it relates to the optimistic words of Rosen of expecting the Conv. Deb's to convert prior to September or at least substantially more to do so as indicated in one of his recent video's or podcasts...holding a special meeting did not seem to be on the table at the time of his words to shareholders and that was just a few weeks ago.
What if there was potentially another entity that was looking to buy in perhaps similar to Canaccord, but do not want to pull the trigger unless the Conv. Debs were addressed as was just proposed by Rosen?
I am just a little puzzled by how this special meeting just seemed to emerge from out of nowhere.
I like the idea personally as I indicated as it takes pressure off the balance sheet for now anyway.
Maybe I am overthinking this but maybe I am not...another capital raise for the full build out of our current assets? Funding for a dispensary plan? CMore contingency cash in the bank? Or?
Just musing friends...always open to respectful comments...DFC