RE:RE:RE:Reality hurts but one needs to face it.Take off your tinfoil hat and stop crying about manipulation. Until recently, it was looking like Zenabis would go under because they couldn't make their debt payments in 2020. That combined with a $0.15 rights offering, huge build out costs, huge write down and bad mangement from Andrew got us to where we are today.
The recent issue of 70,00,000 shares at 0.07 will keep Zena until strong numbers or really good news. This isn't manipulation, it is bad management decisions from Andrew G that made Zenabis desperate and they did what they had to so here we are at $0.07. Those are all facts.
Now they are done their growth projects and they have reduced costs by 40 million per year. Now they have delayed 50 million in debt from 2020 to 2022 through 2025. Now they are getting EU approval and working with Israeli partners. Now they are harvesting 5,000 kg + per month. Now they have more 2.0 products (high margins) being produced. In the near future Ontario will be opening hundreds of store that require inventory. Again, these are all facts.
However, none of those good things that have happeneded recently are on released financials. That is why I say Q1 2020 is so important. To see if everything they are telling us is true, if so, Zena will be looking pretty good.
For you to come here with stories of your dog getting hit by a car and saying this stock is dead without any real strong arguments just made me waste 5 minutes of my life putting this post together. If you are going to bash, be smart about it. Use numbers, don't blame the boogeyman "manipulators".