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Bullboard - Stock Discussion Forum Entourage Health Corp V.ENTG

Alternate Symbol(s):  ETRGF

Entourage Health Corp. is a Canada-based license holder producing and distributing cannabis products for both the medical and adult-use markets. The Company owns and operates a 26,000 square feet indoor facility in Aylmer, Ontario (the Aylmer Facility), specializing in product development and fulfillment for both adult-use and medical cannabis. The Company is focused on building a portfolio of... see more

TSXV:ENTG - Post Discussion

Entourage Health Corp > Cosigning the bank loan
View:
Post by prested on Sep 24, 2020 10:16am

Cosigning the bank loan

I see the Liuna arrangement as a back up in case the bank calls their loan. After all, the bank already has everything as security. This way the bank knows that if they called the money would be there, so why call. I see this as a very smart move. I do worry a bit about why they thought they might need to do it, but if it was just to cover all bases then t shows forward thinking.
  We'll know more by tomorrow.
Comment by Nicksonsnowboar on Sep 24, 2020 11:11am
Judging by the volume and stock price it was not well recieved . Dead in the water like most mj stocks
Comment by Gordanno on Sep 24, 2020 12:30pm
This post has been removed in accordance with Community Policy
Comment by shenry24 on Sep 24, 2020 1:59pm
Based on the volume and buy and sell orders, this is nothing to be concerned about.  I think it's more related to the Pot Sector than WEEDMDs news.  Especially with Aurora. They reported an annual loss of 3.3 Billion with an expected 4th quarter revenue of 70 million; you do the math.  What was the CEO's response to that?  “My focus is therefore to reposition the ...more  
Comment by Nicksonsnowboar on Sep 24, 2020 2:42pm
Sure there is. MJ companies are shady at best of times. They probably will have the 30m spent by Oct 1.  Last thing they care about is stockholder value.  Do not be surprised going forward they get bought out by big L and share holders will be left holding the bag. Just a new version of the tech scams. Your thoughts 
Comment by Wrywisdom on Sep 25, 2020 3:09pm
        Very well stated indeed. I regularly cross reference a multitude of cannabis companies for comparison, and Weed MD's Refinitive Composite Analyst's Street Consensus on a scale of 1-5 is a 1.50, with 1.00 being the Strongest Possible Buy Recommendation. This is the best of all MJ stocks tracked.         One can only scratch their head when ...more  
Comment by CannAvenger on Sep 25, 2020 5:28pm
Analyst recommendations mean nothing.  They are a tool utilized by the firms to earn a fee through equity raises.  Only reason analysts might consider WMD a buy is that they know the company is strapped for cash and would enter into a financing at any level - most likely a unit deal or convert.  This dumpster fire of a company continues to burn cash with no view to positive cash ...more  
Comment by Wrywisdom on Sep 25, 2020 11:14pm
Every single line you have stated is erroneous and unfounded without exception. Don't see any integrity here, only an agenda.           No purpose in wasting further time when there clearly is no interest in arriving at truthful and accurate conclusions. Folks like you are a dime a dozen, but still can't figure out what motivates such negativity and deception.
Comment by CannAvenger on Sep 27, 2020 11:11pm
Nothing erroneous or unfounded.  Refute the view on research analysts.  You can't .  There is a reason they are called sell side analysts.   Deception?  Look at all my past comments on cash position/liquidity.  I have been spot on every quarter - and have used the company's own filings and presentations to easily piece together their dire situation ...more  
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