RE:HOMESTENCH SEEN YOUR TYPE BEFOREI don't criticize companies for well thought out aggressive dilution. As a matter of fact I encourage it in new emerging industries.But the type of wreckless dilution created by Cam and Aurora is a no-no. Be honest, they threw 3.2 billion dollars at a Canadian asset in an attempt to take over the number one spot. They failed miserably. That makes it not only terrible dilution but complete mismanagement.I am not a naysayer of huge losses and dilution and that is proven in my substantial investment in Canopy. They have shown larger losses than any other company. They have also diluted. The difference is the amount and type of dilution and what they have to show for it. Take a look at Aurora and Canopy's last quarterly reports for your answer there. Let's take a look at the Acreage deal. Naysayers say the deal may not go through and there is a possibility, albeit a small one, that it wont. However, let's look at it from the standpoint that it will go through. Currently, Canopy will have to issue approximately 54 million shares to complete the transaction which would bring Canopy's issued shares up to roughly 400,000,000. That is still less than half that of Aurora's. That Acreage deal will ultimately bring in revenue that will dwarf their Canadian cannabis revenue. So I ask you, the 3.2 billion in shares that Aurora issued or the 3.4 billion and shares of canopy is going to issue, which one would you consider good dilution and which one would you consider bad dilution. The answer should be clear. So just to be clear I'm not knocking any of these cannabis companies for losing money and diluting in order to expand. I'm knocking the ones that are doing it in a non prudent manner. Canopy and Aurora are losing bucket loads of cash, and they should be at this point. The difference between the two companies is that canopy has a large amount of cash in order to fund operations and Aurora does not because of their irresponsible dilution and their supposed, and I say supposed because I believe it is BS, refusal to strike a deal with a partner. I believe they have no partner because of their irresponsible dilution. I know the clowns will come out of the woodwork and say canopy is going to be taken over by constellation brands. The clowns might be right. Either way, canopy shareholders are going to get paid a fortune for the Takeover or they're going to get constellation shares and continue the ride. If Aurora hopes to compete in the US with canopy they will have to do a similar type deal except that it's going to cost a lot more because they don't have first-mover advantage. So let's say they want to get into the u.s. by acquiring a multi-state operator. It will cost him well north of 4 billion dollars to do so. That would be another 363 million shares of dilution at your current share price. Canopy enter the US for 54 million shares and Aurora to do the same thing has to issue 363 million shares. I'm sure you can see the clear Advantage that canopy has. If you can't then no one can help you. So to sum it all up I'm not the guy that was bashing Amazon and these other great companies we have today back when they were losing money and issuing shares, I was the one buying them. You on the other hand or the one buying AOL. Aurora is at a massive disadvantage and that's all I'm trying to say. They could end up being number 2 at Best But even that will be challenging because of the early negligent dilution. I can't explain it any simpler than that. If you want to keep your blinders on, that's fine. I hope for your sake that Aurora can hang on to the number two spot but I wouldn't bet on it.
manymoney wrote: When AMAZON first started , ALL the chicken little types were singing all the same songs , dilution , cash burn , expanding too much ...well amazon diluted itself into a world leader in a brand new business, that people had no idea how big it would get . AMAZON has a BILLION AND A HALF SHARES ...AMAZON lost money for ten years , all the while the homestench style of blowhard know it alls...your a short sighted a$$wipe homestench ...f@ckoff