Entourage Health Corp V.ENTG

Further Flexibility Ensuring Viability for Dynamic Strategy

[Wrywisdom]

Although the interest rate appears somewhat high, this is a credit facility rather than a loan (think of a readily available personal non-qualifying backup credit line available whenever needed). Non-dilutive strategy shores up any concern regarding liquidity into the future.
          Interest also may be capitalized which means it may simply be added to any accrued loan balance in lieu of any cash outlay.
          Demonstrates the supreme confidence LUNA has in WeedMD, as any accrued balance is in second place to the primary loan facility.

[CannAvenger]

Supreme confidence in WMD? I don't think so.  Liuna had no choice but to provide this credit facility to try and save their equity.  It's not going to matter in the end.  They are just delaying the invevitable.

[PeterC90]

Good chat No one respects you here  Better luck elsewhere       

[shenry24]

They obviously do have confidence in WEEDMD to turn it around with the extra cash flow, otherwise they would have cut their losses and jumped ship...not throw another 30 million at them to squander.  

[PeterC90]

Well said Shenry. CannAvenger is a miserable old man after all. 

[SADKJGKASDG]

This post has been removed in accordance with Community Policy

[CannAvenger]

actually you can replace 'a miserable old man' with 'right' - because I have been spot on this company and their misfortunes.

[PeterC90]

No one respects you here Keep feeding that ego   

[Nicksonsnowboar]

Gotta agree with CA . Price says it all just another scam . Wait until Oct.  Weed md who  sad but true 

[Investies]

Why don't you both put your money where your mouth is and short it?

[Nicksonsnowboar]

No  never go long or short on fly by night stocks not worth it.

[Wrywisdom]

Typlical Twitterhead rants will always find comparably ingorant and uninformed soulmates who agree with whatever the proposition is. A big problem for politics, social issues, stocks and just about everything else. Facebook et al with algorythmns etc.making big money at the expense of collective societal intelligence. Anyone who has carefully followed the evolution of this company knows we are on