RE:RE:Announces Partial Conversion of Secured Convertible NotesNot sure how the heck this is in the right direction - seems to be continuation of the wrong direction. More cheap shares below market - (with warrants) so they will be sold off and will keep the price low so that more can be converted at a low price.
Right direction - earn money and pay back lenders.
What amazes me is that the only parties making money on Zennabis are the lenders.......
Not they have much of a choice - but corporate financing decisions have been short in nature and just kept the downward spiral. This is a Board issue if they can't govern it better.
More Sh!t will continue to be released by Zena until leadership improves, they translate the 2019 operational accomplishments to EBITDA. The market cap is fairly low - so they just need to achieve EBITDA and get their products on the shelves.