RE:RE:RE:RE:RIDDLE ME THIS??Hexo is doing ok as we se it today but if they actually go forward and sell 1.2 billion in new shares then all current share holders will be improverished bag holders for sure as share price will get hammered
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.