RE:RE:RE; FYIJimmy713 - (2/25/2021 9:10:25 AM)
RE:RE; FYI REDGREEN6 wrote:Consider me stupid.... What happens next Jimmy?
Full respect my friend; I would never consider you stupid for any question.
People are doubting the deal between Hexo & Zena - despite all the facts and outstanding issues, both companies reached a deal and submitted it to the SEC for approval ... Next step will be voting package and special meeting.
(If it was a game, would it be submitted to the SEC?)
By the way:
The court is about the amended Royalty, and I personally believe it is SNDL tactic of delay, and it seems that Hexo already know that. Littlejimmy - you phckn moron.
The document/link youn posetd is a standard and required filing for any such transaction. It doesn't indicate whetehr thed ela will go through or not - the filing with SEC is a legal requirement and just part of the process.
YOU may have just found this - but it was filed Feb 17 and has been properly shown on SEDAR since then.
The only person I've seen mention 'a game' is you.
I also think some of you are confusing the HEXO/Zenabis transaction, the Zena/Sundial dispute and the Bevo/Langley Sale. All 3 are separate - but connected - legal processes.
As for the $13 million dollars Zena MAY have to pay Sundial - it's been celarly indiacted that Hexo has already 'advanced' $13 million to Zena to cover that payment. It was also Hexo as the mysterious buyer of $7 miilion worth of cannabis - which was an advance to pay the $7 miillion amount due to Sundial at Dec 31.
The uneducated, unsophisitcated, consipracy theory nonsense of some posters on this board has just gotten ridiculous. Do some basic research before opening your yaps - you're only providng a dis-service to your fellow morons by posting pure nonsense.