RE:Zena is in its worst financial position ever at the moment To make things worse the repayment obligations are due in a few months for over 12 million and another 51 million in the next few months.
a dilution of over a billion shares, debt obligations of over 65 million dollars immediately within the next 10 months, cost the run the business and proceed with cultivation.
a lot of money is required and unless some co is willing to infuse 100 million dollars in this business, creditor protection seems inminent at this stage.
poor management and greed has led to the demise of another co, it's a gamble not worth considering even at 2 cents.
over 160 million shares and warrants under 10 cents practically means the price is in a continuous decline till something substantial changes