Nasdaq DeficiencyI dont recall ANYONE suggesting Hexo would be delisted in the near future due to the sub $1.00 share price..
The conversations were in regard to Hexo's need to reverse split in order to maintain the listing
Times are tough when so many pumptards get so giddy after Hexo announced the notice that everyone knew was coming.
As for Sundial - it's a silly argument. Ive posted previoulsy that every company can apply for the extesnion - and that Nasdaq reviews on a case to case basis.
Sundial - with a clean Balance Sheet (little debt and $750 million cash) very diverse operations - LP, acohol retail, cannabis retail, investment branch and significant trading activity on the exchange is a completely different story than Hexo.
Hexo faces bankruptcy, lack of cash, facility closures, staff layoffs, new fianncings, share dilution, reverse split - and a group of blind cult pumptarders. All in all, Hexo is an embarrasment for Nasdaq - they simply arent the kind of company that Nasdaq wants to list.
coo coo pigeons