TSXV:ELXR.H - Post by User
Comment by
LGCliberator1on Jan 13, 2021 3:19pm
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Post# 32286971
RE:RE:LGF worth 15 million Why are we not skyrocketering?
RE:RE:LGF worth 15 million Why are we not skyrocketering? Easy!!! Elixxer can't siphon any money from LGP the way their deal is structured. So zero cash would come from LGP. LGP is loosing money so a moot point regardless. Meanwhile, Elxr is hemorrhaging cash and has a bankrupt balance sheet. The value of their LGP shares is worth less than their debt. Even if they sold everything they own, they'd still owe money and be losing money either their leftover portfolio of dogs. #RIP