1933 Industries Inc C.TGIF

Alabama Legislature votes to legalize medical marijuana

[SpaceLabs]

TGIF in Med MJ? and Multi-State yet?

Is this a Vegas City Hip-Hop and thats it? 

Expansion is needed into other states like California.

Al;so the Debenture gets no Extension after sept,2021,,,a good thing to get RID !

[DashForCash]

Getting rid of the Debs is wonderful IF it is under the right circumstances. IF we have a forced conversion based on a share price that has risen - great. IF we got rid of the outstanding Debs because there was willing conversion - great. IF we get rid of the Debs because we had to pay them out of our treasury using our valuable growth cash - not great. To be determined as we received no

[DashForCash]

However, based on my last comment in the previous point - IF Rosen believes we have to pay out the Debs from cash - I would assume that he is actively on a further debt plan.  I don't know what debt facilities are available - if any - to 1933.  A loan? A large enough line of credit? To then pay off the Debs and walk the debt a bit further down the road without harming our cash

[theTransporter]

One option to raise non-dilutive cash if SAFE is not in effect prior to September is to sell their 2nd facility and do a lease back, exactly as they have done with primary facility (where Chris the clown burned that money).

[SpaceLabs]

If shares are given to the holders of Deb X-porter, how many shares roughly will that amt. to pls i.e  further dilution.

[theTransporter]

Approx $3.7M worth of the convertible debt still remains (originally $12M). If all those were to be converted, that would add an additonal 37 million shares to the count.

[DashForCash]

Yes - good addition Transporter - forgot to include the sale and lease back strategy which is absolutely in play and very likely the top choice by Rosen.  Why not talk to the same company that we sold the original new building to and leased it back from - which he very likely is doing.  Not sure the value though - anybody have an understanding? I am not going to the effort to look it up

[SpaceLabs]

37-40 Million shrs more, I would do it and let Deb RIP at last, time 4 tgif to move on.

[theTransporter]

Rosen can make the first two happen.  He has many times pleaded with debenture holders to convert, but my response has always been "force me to".  He should focus his efforts on moving the needle up on the stock price vs nagging to debenture holders.  By not converting, I prolong the interest I make, and protect myself against the downside of the stock price  If the