RE:RE:RE:RE:IF HEXO EXECUTES AN R-S ALSO, I WONDER WHAT RATIO ?First of all in these types of situations Hexo Corp must PROTECT itself being that its SP is trading under a dollar seems never ending. Questioning our company if it did make an announcement in asking what ratio would occur? Giving out a ratio right now would be unproductive. As of now to me its kinda up in the air because we still have 52 days to get our act together by juggling our numbers. You all know about shorters, insiders, daytraders etc. Hexo Corp doesn't want to taint the stock by making it less attractive to many different types of investors.
Even if its between $1 and $1.50 range (still to low) it still will eventually create a wide open door for stock market analysts to verbally use of their own websites to down-grade Hexo Corp.
Hedge funds, institutions, plus other 500 fortune companies are way interested when our stock was in the $7 to $9 dollar range. At this current share price you think they still are? of course not. Level 3 If institutional investors get the heads up on upcoming bad news, its not going to be good.
Alls im saying through out time in situations like this a fair number of companies that implemented a R-S, over time an unpleasent result takes away the initial welcome. Just remember that 100 dollars you have deposited into Hexo Corp and after the reverse split Sebastien handed you two 50 dollar bills would you be impressed after all this time you been holding Hexo stocks? Would that make you feel king of the hill?
A buy out would be better for HEXO Corp but at this stage of the game it come with negative results. If it was to happen, public shateholders would feel a stellar possible pain in their porfolio.
HEXO Corp: May 11, 2020 A new beginning