Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
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

Privacy Policy | Disclaimer

Sign In

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

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
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

Elixxer Ltd V.ELXR


Primary Symbol: V.ELXR.H Alternate Symbol(s):  ELIXF

Healthcare Cannabis
Elixxer Ltd. is a Canada-based investment company. The Company has investments and activities in the legal cannabis sector. The Company is focused on investing opportunities in various sectors, with a priority on growth companies that are past the start-up phase.


TSXV:ELXR.H - Post by User

Elixxer Ltd > Elixxer Ltd. Announces Revised Debt Settlement Transactions
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(18)
•••
Comment by Stockparty1on Aug 24, 2020 2:50pm
196 Views
Post# 31446915

RE:RE:RE:RE:Elixxer Ltd. Announces Revised Debt Settlement Transactions

RE:RE:RE:RE:Elixxer Ltd. Announces Revised Debt Settlement Transactions Looks light the strategy could be to let the share price go to the floor, then convert the debt at such a low share price that they dilute the retail shareholders out of existence.
The updated terms of the debt conversion at 1.5c instead of 2c. Take 1/3 more shares while they are at it or wait till it hits the 1c floor and double the share allocation for the debt conversion! How can the Board remain in place with bevaviour? No respect for the shareholders except their own position.

No business plan, no visions or strategy and no money but could very well be the plan before taking over the company and rebooting. It will be of little consequence to any of the retail shareholders how the company does after that.  The regulator must have their eye on this company based on its behaviour and I'm sure some investors have raised these issues and the content of last set of fianncial accounts.
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities