RE:RE:My thoughts When will ZFowler stop? When the stock goes to zero. GTF out of here you trolle.
ZFowler wrote: You are so hot and cold. Like a month ago you posted:
Listen to yourself Free55dom. You are fcuking pumping the fcuking stock.
You know the fcuking he'll I put predawn and edrose through. Go back and look at my postings. But what is happening with Zenabis is something else. It is fcuking bad news after bad news. Things are getting worse and worse. As the saying goes "every day in every way things are getting worse, worse and worst"
Now you are saying if someone offered you $0.50 per share that's still too low?
Zenabis has huge upside but huge risk. Like I've said all along, the debt and interest they have is dangerous. For the next few years they are getting slammed with interest on the 50 million. They also have 40 some million due to BMO in the coming years.
The reason they are valued so low compared to other is the balance sheet. TGOD, Cronos, 48 North, and a bunch more stocks in the space have emabrassingly low sales. However, they (mostly) have piles of cash and manageable debt. Zenabis has good sales, but a really though debt scenario and low cash.
I got my shares out at 0.175 and it appears to have been the right decision. Will buy back in if the market cap is ridiculously low again.