RE:RE:Great News Partnership with Imperial BrandSavonarola wrote: Its BULLSHIT news. ..."will invest approximately $123 million in Auxly by way of a convertible debenture and grant Auxly global licences to Imperial Brands’ vaping technology and access to its vapor innovation business, Nerudia"
Auxly is in the pot business and Imperial is simply lending money here they are guaranteed a return on plus a premium. Who seriously cares about the 'vaping technology'? That is just more fluff here that frankly adds no value to XLY or its shareholders.
Either this company can start demonstrating they have the capacity to grow a product through their partnerships or not. Cash infusions are not votes of confidence only and given Chuck's history of deal making you can bet the investors here will be the ones to get cornholed in the end.
Take a look around at the various pot plays trading under a dollar that have entered into similar financing arrangements. Are you people this stupid or what? smh
How does it feel to be such a loser that owns no stock in Auxly and constantly bashing while we continue to rise?....LOL Should bought last week at $0.72.... Ahh but we all forgot how smart you are...do tell us all what a better investment is than this? You can because closing a deal of $123 Million is nothing right....lol You should form your own company and lets see how well you do......Lots of idiots like you in this world that have nothing and complain about everything and somehow the world owes you... NUMBER ONE LOSER.....LOL