Zenabis Global Inc. T.ZENA

Stunned

[Nuongalex]

I am happy with recent stock trending upwards and making money- however WHY in the blue hell would Management make the atm announcement 2 days back after a fantastic day of movement. Really shocking that they would do that , flabbergasted actually

[AvInvestor]

To clear the debt on the balanace sheet. Good move long term, since the eliminate the interest payments and drive up cashflow! The amount of cash they will produce per share will easily make up for the dilution. 

[Canuck30]

If it was clear that money was going to be used to pay down debt then it makes sense. However, this will be used for corporate purposes. Knowing managements track record, it equates to salaries and bonuses. 

[mydogchach]

Canuck30 - (2/11/2021 1:20:14 PM) RE:RE:Stunned If it was clear that money was going to be used to pay down debt then it makes sense. However, this will be used for corporate purposes. Knowing managements track record, it equates to salaries and bonuses.  Does anyone know what Echelon's commission/fees are - Zena's not getting the full $15 million even if they sell it

[MJVigilante]

Standard commisions are like 6% cash and 6% in stock options.

[truthseeker1]

and there she goes right back to where we were a week ago 16 cents going lower 

[Morningcoffee]

You must be a dummy if you haven't sold a trading position after a run from .06 to.20 LOL!!!!

[truthseeker1]

  Iam in at 40 cents I was hoping the run was real and not the pump and dump it has turned out to be ;; yes I should have sold and rebought good ole hindisght ';;;;

[Morningcoffee]

For someone who bashes 50 times a day here, you're not very smart lol. 

[AvInvestor]

This requires patience. You can't expect the sector to go up everyday! On the bright side, there are a lot of tailwinds coming in the sector. The debt situation is getting resolved and sales are growing. I don't foresee huge gains, but steady towards the $250-300M market cap. 

[mydogchach]

AvInvestor - (2/11/2021 3:42:45 PM) RE:RE:RE:RE:Stunned This requires patience. You can't expect the sector to go up everyday! On the bright side, there are a lot of tailwinds coming in the sector. The debt situation is getting resolved and sales are growing. I don't foresee huge gains, but steady towards the $250-300M market cap.  Oh good, another moron.  

[AvInvestor]

Are you referring to yourself? Please explain your logic and rational? Bankruptcy is off the table now, they got new financeing, and the business is producing cash. 

[truthseeker1]

i assume your talking about another stock here correct;; because zena is not producing cash and there still have servere debt

[Morningcoffee]

And yet, you "have" 1 million shares that you haven't sold a single one after a 200% run...You try to sound smart, but you're BY FAR the biggest idiot here lol. 

[truthseeker1]

so what If I never sold any is ok with me .A f--king retarded PO$ like you have nothing thats why you yap and try and put people down , worry about yourself not I . I have more money than I need,I dont sweat the little stuff iam not selling till I see 50 cents  iam in palm springs  in my house and its 82 here today so suck eggs motor mouth 

[Morningcoffee]

That must be why you whine 75 times a day.  Your new name is MillionSharesIdiot, LOL!!   

[truthseeker1]

Post# 32548252 RE:RE:RE:RE:RE:RE:RE:RE:RE:Stunned so what If I never sold any is ok with me .A f--king retarded PO$ like you have nothing thats why you yap and try and put people down , worry about yourself not I . I have more money than I need,I dont sweat the little stuff iam not selling till I see 50 cents  iam in palm springs  in my house and its 82 here today so suck

[Morningcoffee]

It's not even 7h am in Palm Springs and the MillionSharesIdiot is already whining.  Good thing you "dont sweat the little stuff" LOL!!!!!    

[AvInvestor]

Not true. They reported a Q3 net EBITDA of $3.5M, which should steadily increase in Q4 from higher sales and improve in Q1 with slighty lower interest expenses. Debt still remains a problem, although it has improved.   As I mentioned to the other "guy". Very few players actually produce decent quality stuff. Large LPs have to rely on B2B sales just to maintain market share. If Zena

[Canuck30]

Everyone keeps touting the revenue but keep in mind that previous revenue included the propagation business of Bevo which accounted for a large percentage of quarterly earnings. They will no longer have this revenue stream in future quarters. The bright side is they've halved their debt and are now a pure cannabis play. Time will tell how they grow this business now with Shai at the helm

[mydogchach]

AvInvestor - (2/11/2021 7:14:58 PM) RE:RE:RE:RE:RE:RE:RE:RE:Stunned Not true. They reported a Q3 net EBITDA of $3.5M, which should steadily increase in Q4 from higher sales and improve in Q1 with slighty lower interest expenses. Debt still remains a problem, although it has improved.   'Positive adjusted EBITDA' is a term used by companies to put a spin on the fact that

[AvInvestor]

1) Bottom line is a 17M net loss?? Wrong, an accounting loss!! CF was neutral, though that should improve with increasing sales and lower capex.  2) I am referring to the ones that produce consistenly with high THc and terpene levels. Fire is not even remotly close in that category, though admittedly Zena is not the best cultivator themselves. Growers that can successfully operate under