Decibel Cannabis Company Inc DBCCF

Decibel Cannabis Secures New Debt To Repay Convertible Deben

[AwareInvestor]

Decibel Cannabis is increasing its outstanding debt with a lender so as to be able to repay outstanding convertible debt. The additional funds come from connectFirst Credit Union, whom the currently last year entered into a credit facility with.

https://thedeepdive.ca/decibel-cannabis-secures-new-debt-to-repay-convertible-debentures/

[Oceanis]

Beauty interest rates Best in the Buisness!  No money worries/poised for take Off and Oh, no Dilution yo! Decibel Announces $54 Million Debt Refinancing with connectFirst, Increasing its Access to Debt by $20 Million Canada NewswireJan 14, 2022 8:00 AM EST CALGARY, AB , Jan. 14, 2022 /CNW/ - Decibel Cannabis Company Inc. (the " Company&

[JerJohnston]

Ya right.  Raise equity for working capital because cash flows won't sustain the business. $15 mm for new products?  Still not enough cash flow so raise more debt just to avoid dilution.  Stock price drops and 425,000 shares offered at 15 cents.  Good luck.