Simple Simon takes corresponding cut in payFor a Savage to suggest that the offering is of no concern - and that it will have no impact on common shares should tell you all you need to know about his investment acumen.
Better you should the opinions of existing shareholders after the market opens this morning.
The good news is that Simple Simon has announced that given the continual dilution and negative impact on shareholders investment portfolio - he along with all senior managment and Board memebrs will also take a proportionate redcution in annual compensation.
Simple Simon states "if our investors lose through our incompetent managment of Tilray, I should accept some responsibility and redcue my compensation accordingly - in my case, the effective date will be retoractive to the date we announced the idiotic acquisition of the $200 million debt Hexo owed to High Trail and our subsequent decision to acquire Hexo "
I guess Simple Simon is King of Cannabis after all for making the right decision.