GREY:CVHIF - Post by User
Post by
dileas48son Aug 31, 2020 11:12am
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Post# 31479254
As usual, more questions than answers:
As usual, more questions than answers:1) "Special Dividend" of $333,300. From what I can tell, in terms of a cash distribution to shareholders this amounts to about $0.007 per share (give or take - not going for mathematical accuracy here).
2) What about Kush? Is it worthless, or is there another PR coming regarding its status?
3) As mentioned - pricing of warrants?
4) Amberlight transaction includes 1.2MM CDN in cash/working capital
5) Cash, as of May 31st was 2.75MM. June, July and August are done. 1.2MM goes to Vibe - what could possibly be left? Plus, Vibe doesn't acquire Amberlight until late October, so two more month of operating expenses to be covered, and they are not cash positive as far as I am aware.
6) Since there was no mention of the real estate in the Q1 release I would advise everyone to not hold their breath on their being any spike in cash that will get added to the pittance we all get from the Santa Rosa sale.
As of this writing - some seller thinks they can get $0.085 per share, and buyers are only offering $0.065
My guess is we'll get the PR about the special meeting when Kush is disposed of, and maybe, just maybe some answers will come about the real estate.