Concordia Healthcare Corp. T.CXR.R

CXR is going to nosedive to penny stock

[mingzhu]

350 m secured loan is about the same size of book value of CXR. book value is close to zero now.

It cannot sell stocks, the reasons i mentioned earlier, now they sell debt to private firm.  the interest must be higher than 9%, so 35m is added to that of 3.2 b. This is classical debt spiral.
CXR has value of course, but only for debtor not shareholders.

it is on the verge of collapse, vertually  in emergency room now. Wow, people are cheering the loan.

[Craigbad]

All I can say is wow. They state in the press release they're ebitda is declining from their June numbers, they already guided down and they are using the June numbers in the prospectus for their ratios. This must be melting some analysts brains right anout now. The lack of clarity for use of funds when they should have had ample money to meet obligations is strange to say the least. They

[Craigbad]

Next stop is a gofundme page if the raise fails! 

[LaticelnExile]

This post has been removed in accordance with Community Policy

[PROtrading]

What's the old saying again, you go bankrupt two ways, very slow at first then very fast... We are entering the "very fast" part now? WAY over extended on debt with no lenders that will lend you money because of your miserable track record. 1. Covis acquisitions HALF written off in less than TWO YEAR on a 25 year amortization period. So this is like buying a house on land you don

[Lumberfeverlong]

So many inaccuracies in your post.  Just one example. They will pay first instalment to Cinven from cash and are only deferring second instalment to February.  They have not deferred first instalment as you claim. Shorts are just good at spreading misinformation.  I sense you are shiiting ur pants this morning because you know that if the offering succeeds, the chances of the