Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 maldwynon May 01, 2020 3:16pm
132 Views
Post# 30977393

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

RE:RE:RE:RE:RE:ETA ON BNKRCY...anyone??The main reason I'm not holding TV at the moment (apart from an uncertian outlook for Zn) is that I expect any debt relief they arrange will involve substantial dilution for existing shareholders. I think a consolidation (say 20:1) and then the issue of 80 million 'new' shares to lenders seems plausible to me. If Glecore is involved I would expect much more than a 5-10% increase in equity participation in return for providing liquidity. As you point out with their cash burn at current prices it is a high risk proposition for any white knight. I guess we'll see over the next month. 
Bullboard Posts