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Bullboard - Stock Discussion Forum Fire & Flower Holdings Corp FFLWF

Fire & Flower Holdings Corp. is a Canada-based technology-powered, adult-use cannabis retail company. The Company's principal business is the operation of a fully integrated cannabis consumer technology platform, supported by a fulfillment network of retail stores and delivery to cannabis consumers. The Company's segments include Retail, Wholesale and Logistics, and Digital Platform. The Retail... see more

GREY:FFLWF - Post Discussion

Fire & Flower Holdings Corp > We the shareholders are done
View:
Post by Invest142806 on Jun 12, 2023 12:23pm

We the shareholders are done

Relief from Reporting Obligations and Extension of Time to Hold the AGM
25. The Applicants seek (a) to incur no further expenses in relation to the Securities Filings; (b) a declaration that none of the directors, officers, employees and other representatives of the Applicants or the Monitor shall have any personal liability for failure by the Applicants to make any Securities Filings that may be required by the Securities Provisions; and (c) to extend the time limit to hold the AGM.
26. On June 6, 2023, the Toronto Stock Exchange suspended trading in the securities of FFHC. The securities of FFHC will also likely be delisted as a result of the commencement of these CCAA proceedings.
27. In the circumstances, it is in the best interest of the Applicants and their stakeholders to incur no further expenses to maintain the currency of its securities reporting going forward and to extend the time limit to hold the AGM until after the conclusion of the CCAA Proceedings, subject to further order of this Court.


as far as I am concerned when they delist the stock you as a shareholder are done. There is a small chance it could be re-listed after proceedings. For the most part and history in cases like this are not good for us the shareholders, I would forget about it and chayote it uo as a loss. 
Comment by TinaBenson2 on Jun 12, 2023 12:30pm
Hindenburg is trying to manipulate tingo_inc stocks to bring down the price, these guys are short and distort firm!   Meanwhile #Tingo is law abiding, They have a diversified portfolio of businesses, including an insurance brokerage platform in China 
Comment by 1sergedompierre on Jun 12, 2023 2:17pm
You may be right but the stock has not been delisted yet and even if it happen it does not mean the company is in bankrupt and if not it can be list again as before . What i think is happening is this : CT SAID OK looking at the actual financial statement we are not interesting in buying the extra 15 % and keep financing that company unless some part of that statement can be improuve .Mainly the ...more  
Comment by Oldweed on Jun 13, 2023 2:55pm
When ACT announced a partnership/supply deal a while back with GTII I tried to wrap my head around how this could possibly benefit FAF's entry into the US. It looked more like a pivot from FAF than an iniclusion.
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