Post by
djanz12 on Aug 28, 2020 9:57pm
Share issuance
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.
Comment by
srtman03 on Aug 29, 2020 1:07am
are you are fortune tell jackwad??...can you see what Q3 and Q4 brings? Q2 was as expected FFS...LOL
Comment by
buddyt on Aug 29, 2020 8:53am
did you hear what you just said? the insiders sold their shares to pay the interest by the way. dumbo you said Imperial would convert at .81 daaaaahhh goof they would not do that unless the share price was at least well over or at worst at .81 therefore we all would be happy. think before you spew...you sound like an idiot!
Comment by
Gaslighting on Aug 29, 2020 9:18am
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Comment by
buddyt on Aug 29, 2020 9:30am
who knows? but do not talk bull re Imperial and .81 as that would be great for all.