RE:RE:RE:RE:Anyone knows if the PP is going to close?Yes agreed, Zena has lot of product and cheap weed to sell and once the facilities churn product for the market at 40% gross margins, it would be EBITDA positive sooner than later
No one would gamble away 20 million dollars on a losing proposition.
Also the insiders also participated 30% of 20 million earlier raise at 15 cents
One can never predict anything about the markets or the stocks, but I think the scary point was the loans and payments due in 2020, seems they have been taken care of till oct/Nov, the price should start climbing after the transaction closes on wednesday EOD, till then buy on any opportunity as you guys deem fit
GLTA