GREY:ALEAF - Post by User
Comment by
christophwaltzon Oct 25, 2020 10:26am
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Post# 31778054
RE:RE:RE:RE:RE:RE:RE:Nice to see Vivo
RE:RE:RE:RE:RE:RE:RE:Nice to see VivoVivo already moved on the debentures, but it still leaves them wanting for cash, hence the failed/stopped raise attempt:
https://www.newswire.ca/news-releases/vivo-cannabis-tm-completes-debenture-refinancing-879549556.html Of the original $22,600,000 in debentures, Vivo paid some with $10.5M cash, converted some to 32,800,000 shares, and still owe $6,600,000 in debs.
They need money now if they are to survive. Likely they don't make it.