ORAGIN Foods Inc V.OG.H

What do we think?

[ChessNdHealth]

Based off yesterday's PR what happens next?

[rationalexuberance]

There are a lot of possibilities. But still a chance the company could go under. I'm inclined to think they will come up with a solution benefitting everyone.

[yureja28]

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[ChessNdHealth]

The more I think about it...the more I wonder if there are in fact lots of possibilities.  if the debenture holders and company do not come to an agreement...isn't the company bound to go bankrupt??  I mean based on the evidence in front of us, do we really think the company can get financing elsewhere? Idk if banks or lenders will be willing to give a loan to the company in its

[financemajor]

The company is definitely in a precarious position -- but, it's going to be a long, drawn out process. They won't just go bankrupt over night -- there will be transitionary steps in between. If you're an investor, you'll probably get more clarity in the coming weeks when the quarterly report comes out. 

[rationalexuberance]

Yes, as per sedar, once the interim reports get filed, it should begin trading again.