RE:RE:Order fill notification on HEXO:CAThe Redecan voting papers are showing up in mailboxes as we chat here today. The deal (IMHO) will be voted through as it only makes sense to join forces for the betterment of both companies. HEXO has raised capitial well over the trailing market price in the past which leads me to believe they have one hell of a business case that they are presenting to underwriters to get such favorable deals. Last time they did it the deal came out the same time the insiders resumed buying shares on the open market.
Wanna bet a short play that history will repeat ?
Sorry, I'll stick long and average down if need be and as I can.
Q
Canuck30 wrote: Jimmy, don't be so biased in your promotion of Hexo. Yes, shorters are in play but the stock price is where it is because of SSL's ego to be #1 so fast and his continuous screwups on execution. If the market in US does not open up to Hexo soon, we're looking at huge inventories sitting idle and eventually written off. The Canadian market is very small. If the price stays where it is, there's no way the Redecan deal is going through on the original terms, SSL has diluted the sh!t out of this company, there's too much uncertainty and that's why the stock price is down from $14 when Zenabis was purchased to under $5 now. Next quarter will tell if SSL is progressing on execution. I highly doubt he has the expertise to succeed, he's all talk.