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Auxly Cannabis Group Inc T.XLY

Alternate Symbol(s):  CBWTF

Auxly Cannabis Group Inc. is a Canada-based consumer packaged goods company in the cannabis products market. The Company is focused on developing, manufacturing and distributing branded cannabis products. The Company's brands include Parcel, Back Forty, Foray, Dosecann and Kolab Project. It provides various products, including vaporizers, edibles, dried flowers, pre-rolls, capsules and oils and concentrates. The Company's subsidiaries include Auxly Charlottetown Inc., Auxly Ottawa Inc., Auxly Annapolis Inc., Auxly Annapolis OG Inc., and Auxly Leamington Inc.


TSX:XLY - Post by User

Comment by srtman03on Aug 29, 2020 1:07am
163 Views
Post# 31474595

RE:Share issuance

RE:Share issuance
djanz12 wrote: The part of the financials everyone should be paying attn to is the 35MM shs issued over the last 12 mos with no equity issue. Auxuly must be paying the interest on the convertible bond in shares. That means those shares will continue to hit the mkt. Which will keep moving the price down, which will mean more shares are required to cover the interest which increases the number of shares coming to market. Imperial loaned money to XLY when they bought the bond. As their largest creditor they can acquire the majority of the assets cheap if XLY goes bankrupt. Imperial will not save this and they werent idiots investing. They put themselves in a position to buy the company for 5c. The financials dont matter. They structured the capitalization in a way thie co cannot survive.

are you are fortune tell jackwad??...can you see what Q3 and Q4 brings? Q2 was as expected FFS...LOL

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