Post by
Gandalf123 on Sep 18, 2020 5:24pm
risk
Too much volatility....They have paid 6 out of 50 million due in one year and it looks like each time they raise money through shares they include a one to one ratio of warrants that undercut and push stock rise further out. Unless they get better loans it doesnt look good.
Comment by
madmax69 on Sep 18, 2020 5:43pm
It actually looks bad. When shareholders have moved into hope mode, the end is near. They will be taken out dirt cheap by a bigger player. I just think its a shame.
Comment by
Newbie919 on Sep 21, 2020 8:14pm
Do you think Zenabis will do another offering for December Debt???
Comment by
Newbie919 on Sep 21, 2020 8:19pm
Do you think Zenabis will do another offering for December Debt???
Comment by
Gandalf123 on Sep 22, 2020 5:04pm
Porky, don't appreciate the call out. I acquired that information from a news article regarding the funds raised recently of 6-7 mil. I included their payroll and expenses. 24 mil for payroll and other ongoing expenses then debts of what you said. Like I have said several times in the past...ball park figures.