RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:FIRE Shorts to Apr16/20 BMO pressured hexo - but they didn't raise until the last minute basically.
didn't work out for them. but they also are a way different company structure. their losses are incredible - and looks unlikely that they will be profitable. their products lacked quality too.
I still say fire can wait - especially as demand is increasing significantly. things change quickly.
if they do a combination of debt/equity/cashflow - they have 14 mths - From today -
wait 2- 4 months - see revenues, cashflow and then you have a better picture of what you need and still 10-12 months runway.
that's plenty of time.
then if they company becomes what we think it will with all their products to market and approaching that 40mil/q revenue - they will be more than fine.