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Teal Valley T.TV


Primary Symbol: P.TEAL

Teal is a Canadian, pharmaceutical & NHP manufacturer selling to Canada’s national, chain drug stores, presently expanding its portfolio to include cannabinoid-based products utilizing proprietary formulations & extractions for both the global Rx & recreational markets.


P.TEAL - Post by User

Bullboard Posts
Comment by MoneyMan123456on May 01, 2020 3:13pm
115 Views
Post# 30977379

RE:RE:RE:RE:RE:ETA ON BNKRCY...anyone??

RE:RE:RE:RE:RE:ETA ON BNKRCY...anyone??

I don't think they will acquire fresh capital through a stock issue, rather negotiate with debtholders to convert their debt into equity at a sweetheart shareprice (and possibly a bit of cash for operating through this downturn as a sweetner).   

Debtholders see it as some degree of certainty, rather then having to go through the uncertain and lengthy process of bankruptcy.  They dump the shares once they have made their profit and shareholders are left diluted.

Bullboard Posts