RE:RE:RE:Share price at its bottom 1) they've already filed the perspectus indicating they are going to attempt a cash raise - Fact
2) Breakeven is $30M a quarter minimum - do some math (i know this board hates that) - Fact
3) The agreement with high tide was for Saskatechewan, which according to SSL's post represents 6% of Canadian sales - Fact
These are all facts. I know none of you will argue breakeven since you don't understand business math. Filing the perspectus literally says we are going to raise money. Sask sales are right from N's in house pumper SSL's post...
I'm all ears for someone to articulate an intelligent, fact-based retort. Otherwise, back to the blind pumping you go, kiddos :)
Ninjabujinkan77 wrote:
in my opinion that's not entirely accurate but a fair argument all the same. First though, what cash raise??? I assume this is an assumption as no PR has ever been issued that I'm aware of. Second I honestly believe the cash burn has already been reduced significantly from the past two years having to get themselves out of the mess S.D. created, and thirdly by all indicators there is no major risk of bankruptcy in 2021.... I believe we just signed a year long agreement with high tide yeah,, the largest retail chain in canada (after their merger with meta), and we have to wait on the financials to know for sure where we are at... that's just the way it works.... we need facts but I respect your speculations