RE:RE:RE:RE:Key Dates re Acquisition Moving Forward ExpeditiouslyJimmy713 - (4/5/2021 10:18:38 AM)
RE:RE:RE:Key Dates re Acquisition Moving Forward Expeditiously We are thinking a like, my target is ~$30 in18 months Definitely I prefer your target and timing
Patience is the game now nothing more or less! MurHam wrote:@jimmy Thanks for update. My read is that this is likely going to mean that Zenabis is going to have to negotiate a $ payout as the intention of the contract vs wording was likely the directive from the judge. My guess is Hexo is now involved to determine if they simply want to pay it off via a loan to Zena and move on.....my guess something close to $7-8M for royalty buyout will be added to $19.5M already provided to Zena ...this will allow Zenabis to secure $60M debt to pay off Sundial and move on with the Hexo acquisition ..... then a few months down the road after Hexo has some great news they will announce 2 new partners plus an another strategic Cdn acquisition that will secure #2 or 3 spot.....and finally will do a major raise (likely $400 M at $20 for dilution of 20 million shares ... bringing total after 2 acquisitions to 180M) to clean up balance sheet for two acquisitions and have the growth capital for next couple of years to secure #2 spot in Canada pending US expansion.......to enable above Shai becomes President of Hexo and Robert Maxwell is VP responsible for achieving domestic #2 performance and SSL focuses on strategic partner development and growth across US with Charles Bowman......my guess at end of 2021 will be no debt, $100M/qtr net cannabis revenues, 25% qtr/qtr growth due to partners and valuation of $6B(or $33 per share for Hexo .....or equivalent to Zena price of 0.58)
I'm going to miss the sheer stupidity of Zena posters.
Just to catch you up - Zena doesn't owe Sundial $60 million, they secured other financing and paid Sundial off in January.
The amount before the courts relates to teh $13 million convertible debenture
The rest of your post is pure fantasy and likely a result of a Saturday session with Stoner Man.
I mean c'mon, $30 share price and zero debt?
At least TRY and be objective and reaslistic.