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Elixxer Ltd V.ELXR


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

Financial Services Asset Management
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 > ELXR LTD CLOSES $4 MLNS SECURED LOAN
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Comment by LGCliberator1on Oct 09, 2020 7:32am
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Post# 31694498

RE:RE:RE:RE:RE:RE:RE:RE:RE:ELXR LTD CLOSES $4 MLNS SECURED LOAN

RE:RE:RE:RE:RE:RE:RE:RE:RE:ELXR LTD CLOSES $4 MLNS SECURED LOANOMG!!! When you factor in all the fees, this "loan" is charging Elixxer a 65% interest rate!! Thats $2.5-mm in INTEREST alone!! Does the mob even get to charge this vig? With zero ability to generate cash, they will likely need to borrow even more once the principal comes due?!?! Since this is an "insider" loan, whats the chance there are kickbacks? This is death spiral financing on steroids. #RIP
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