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Bullboard - Stock Discussion Forum Diamond Estates Wines & Spirit Inc V.DWS

Alternate Symbol(s):  DWWEF

Diamond Estates Wines & Spirits Inc. is a Canada-based producer of wines and ciders, as well as a sales agent for over 120 beverage alcohol brands across Canada. The Company operates five production facilities, four in Ontario and one in British Columbia, which produce predominantly VQA wines under brand names, such as 20 Bees, Creekside, EastDell, Lakeview Cellars, Mindful, Queenston Mile... see more

TSXV:DWS - Post Discussion

Diamond Estates Wines & Spirit Inc > Announcement of BIG order will be next
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Post by 88guy88 on May 31, 2023 12:29am

Announcement of BIG order will be next

The loan is short term and repayable in 120 days...likely funds being used to fill a big order...perhaps an order for China....happens all the time with smaller companies....lender is confident in the ability of company to pay back loan plus interest for this working capital as the loan is "unsecured"...I think this is the beginning of more orders to come and adds more likely hood that Lassonde will be swooping in real soon....also note the director is willing to accept DSU in lieu of pay as they know that the value of shares is worth much more that a paycheck today

Quarter results should be out soon..expecting good things..Cheers!  :))
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