GREY:WLDFF - Post by User
Comment by
karldrogo45on Jul 13, 2021 12:16am
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Post# 33534448
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:CTO
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:CTOyes they might be.. but if we're talking about that calculation, it would only be fair to subtract their debt from whatever you think their BC assets are worth.. which was in the 20M range early 2020 (the last time we saw their financials).. who knows how bad that situation has gotten since they havent been able to raise money through selling shares.. and if we're talking about getting value through them being broken up and sold for pieces, dont expect much.. there will be a lot of cost to unwind a coprorate situation like this. secured creditors paid first.. management probably makes off with a nice little pkg, and shareholders might see some crumbs when the dust settles..
this is definitely not what I'm hoping for! I'm hoping they can actually execute on the things they've talked about! get TO store open. get Barrie open. Sell some damn CBD!!
they've done everything possible to convince me that they're incapable of doing any of these things, but I'm still hoping! there's at least some chance it comes through!