RE:RE:RE:RE:RE:RIDDLE ME THIS??Touran77 wrote: VeritasVern wrote: Humanist wrote: VeritasVern wrote: riddler wrote: Who is buying near bankrupt Canadian MJ companies and overpaying for them, while telling shareholders that it will only help the share price.
HEXOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO!!!!!!!!!!!!!!!!!
Wow snotbubbleater's wish has come true, we have the "Riddler" and he posts well!
lets be a little logical, maybe hexo is not he most asstute company, and myabe ssl is not the best ceo, but just give me 1 reason why would banks give it money, bod didn't resign, partnership with molson, belleville facility, and expansion in us, and not bankrupt yet..
so if all of they're doing is (fill in the adjective) why are they still standing, expanding, and flourishing?
glta.
Umm, Hexo is still standing because of raising cash through dilution like 4 offerings in 2020 and countless others. Flourishing? They are still unprofitable. Your failure to understand this should be a big red flag that you have little understanding of the risks with this company and investing in general.
Dilution is normal for new industry.
Now dilution for Hexo is for expansion and debts of companies they acquired cheap.
Funny how Hexo can raise lots of funding, how can they if this is such a bad company?
Vern, love that you make it that easy on me :).
no T-queen, the only thing you prove is how arrogant you are, while you complain constantly how Hexo is undervalued...like you know more than the market. All companies raise money but in the near term the well will finally dry up. How clueless you are, but hey keep buying bankrupt companies with debt for multiples of their market cap and good luck with that idea. Remember SSL is garanteed to make money regardless of what happens.