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Bullboard - Stock Discussion Forum Zenabis Global Inc. T.ZENA

We are a diverse, passionate team of doctors, scientists, researchers, growers, educators, and advocates who came together with the goal of increasing access to safe, high quality cannabis for medical patients and recreational consumers. Our four facilities are located coast-to-coast across Canada in Delta and Langley, British Columbia; Atholville, New Brunswick; and Stellarton, Nova Scotia... see more

TSX:ZENA - Post Discussion

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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 P0rkchop on Sep 21, 2020 9:22am
You're a liar. There is no 50 million due this year. Please do your own DD people, they're clearly out to scare. I've posted the charts that show the actual debt below.  This is the outstanding debt and due dates. Theres 9 mil due in October, 7.5 in December, 2.5 march 2021  and 7.7 September 2021. Outside of that, they have their BMO financing and then their 50 mil loan ...more  
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.
Comment by mydogchach on Sep 22, 2020 6:43pm
P0rkchop - (9/21/2020 9:22:18 AM) RE:risk You're a liar. There is no 50 million due this year. Please do your own DD people, they're clearly out to scare. I've posted the charts that show the actual debt below.  This is the outstanding debt and due dates. Theres 9 mil due in October, 7.5 in December, 2.5 march 2021  and 7.7 September 2021. Outside of that, they ...more  
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