GREY:ALEAF - Post by User
Comment by
GreenValleyon Nov 19, 2021 10:40am
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Post# 34145453
RE:What they don't want you to know
RE:What they don't want you to knowwhy you post same thing over many times?
like we not read it for ourselfs
my sister in law say you work for criminals that keep pretend to be good guys. you short men.
she say when loss season over you will be very sorry.
KeyserShoze wrote: Toweringmars, stop dancing around the facts with personal attacks.
Aleafia current cash position = $0
Marketable securities value (MEDI shars) = $3 million
Covertable debt due June 2022 = $34.741 million
Credit facility at 12% due Aug 2022 = $9.942 million
Overdue Payables = $20.5 million (why are they so far overdue)
Loss of asset value = $302 million. (Sept 2020 asset value = $454,737,000, Sept 2021 asset value = $152,708,000 million.)
Official SEDAR - Q3 MD&A November 11, 2021. top of page 18
17 ALEAFIA HEALTH INC. Management’s Discussion & Analysis
Liquidity risk is the risk that the Company will not be able to meet its financial obligations as they become due. The Company has experienced recurring losses and has a cumulative deficit of $347,722. Cash flow from operations is negative due in part to the high rate of revenue growth the company has experienced which has driven a requirement for working capital and selling, general & administrative investment. At September 30, 2021, the Company has total current assets of $69,894 and total current liabilities of $65,750, providing for net current assets of $4,144. Within its current asset base are cash and cash equivalents and marketable securities of $11,338