RE:RE:RE:RE:RE:RE:RE:Sorry, did anyone address….Just welcoming riding rockets to the basher (ball-buster) side of the board as he has finally figured it out. Good questions Rockets, btw Q has no clue nor did he ever.
ridingrockets wrote: Hey Q
Why can you not answer some simple questions - you post so much on this board one would think you are somewhat competent...... So please help the board!! How many more shares will HEXO have to issue in order to maintain their obligatory
monthly debt payments -
How much a month is HEXO required to pay on their debs debt per month?
How much cash on hand does HEXO have?
How are they going to come up with the extra funds required to make these payments?
What happens to the share price of a company trading at an all time low after increasing their outstanding share float another 20% or so over the next few months - what if they have to almost double their share count in order to make their debt obligations? What happens to the share price then? Does it go up? LOL
So why would either Tilray or CGC save HEXO at this moment? Clearly HEXO is bleeding heavily and their SP will continue to get hammered so why would a competitor want to be the shinning armored knight? What does HEXO truly have that will cause these two to fight for HEXO? Why would Constellation (who holds 3 of the top 10 THC beverages in Ontario right now - HEXO 5) be concerned about such a small category when they are already in the thick of it? Why would they want a joint venture with Molson? Does Molson hold the rights to buy TRUSS out? That would mean TRUSS has little to no acquisition value....
So Q - the delayed shareholder meeting will be by invite only - does that sound like shareholders are being respected? Why only allow a selected few to vote on company matters? Why do retailers get stiffed on this one? Is it really necessary to add another board sit to accomodate the other Montour? That is on the agenda btw....
There is no pending acquisition vote - shareholders would find out the same way the market finds out - overnight press release.... There is no reason to buy HEXO for acquisition trading at this time IMHO - They need to clear 2023 first and maybe then.... BTW if QC government steps that liklely puts acquisition to an abrupt halt and we are stuck with playing the 'wait for either America legalization to get one last FOMO jump or wait for positive EPS, which is more than 1 year away.....
quinlash wrote: You indicated last week that you sold and took your losses. Maybe you should consider grabbing a boat-load of shares for a short trade. Would seem to make sense as we trade right around all time lows... as long as you read charts while standing on your head.
https://ycharts.com/companies/HEXO/shares_outstanding
As of Sept 1 appx 277 million
As of Dec. 1 appx 358 million
As Q has pointed out (He also impied he doesn't forese any further dilution LMFAO) the Debentures from 2023 have been paid down - appx a third of princiapal - Clearly they were not able to get any of their monthly payment(s) waived. They have three more payments between now and Q2 - EXPECT a good 425 million shares to be outstanding by then.
Right Q? Or do you really believe they will find a miracle regarding 2023? What miracle would that be as it undoubtedly appears there is no other feasible way for them to address this... (Me I am hoping for a Santa visit lol) You said you do not expect more dilution so how are they going to make their monthly payments Q?
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Hey Q as I said last week I sold a chunk (half is what I said correct?) Well I have since sold another half of that if you are wondering about my actual shareholder status?
Me I don't short companies - betting on them to fail is a negative perspective. There are so many companies out there you do not need to be negative to make money. That and shorts are vile malicious psychopaths...
Why is your rebuttal nothing to do with my question(S) can you answer that?
You implied repayment of appx 1/3 or the 2023 debs was a good thing - HOW did they pay that back?
You said in your BS acquisition hype that you do not foresee any further dilution as that would not be in the shareholders best interest -
How much are the monthly payments on those debs? And how is HEXO going to satisfy three more required payments between now and their DELAYED annual shareholder meeting? You implied you do not expect more dilution - how are they going to make these payments when they do not have cash on hand for both day to day operations and the monthly payments?
HEXO shares outstanding:
As of Sept 1 appx 277 million As of Dec. 14 appx 358 million (Typo on date above said Dec 1 not 14th) As of Q2 (mid march 2022 about a week after the shareholder meeting) anyone want to guess?
I say 425 million - I say 625 million by the time they repay the 2023 debs
What about you Q - care to provide the board with your sage advice? Do you really believe there will be more dilution?
Is HEXO share price the same after adding another 75 million shares in the next couple of months?
BTW Redee, as per headset data, no longer holds the top PRJ spot in Ontario - Daily special sits #1 and #3 - Back 40 is now in the top 10 with one of their 2 offerings. Their 2 offering slipped likely due to insufficient market supply (can only find one back 40 prj offering near me right now fyi) quinlash (4935) | December 20, 2021 12:41 pm
I would bet they are in discussions with either Tilray or Canopy for a merger. Aurora would be my last bet but the merging of HEXO and Tilray OR Canopy makes sense.
Frankly I don't care what you think or how you trade. I hold long and my speculation on future events include the possibily of investors voting to approve the merger early in the New Year.
Enjoy your day.[/quote]