GREY:ALEAF - Post by User
Comment by
sthineion Nov 19, 2021 6:27am
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Post# 34144414
RE:Debentures…..
RE:Debentures…..Market is already telling the debenture holders they are not getting all of their money back. Best chance for that to happen is for them to extend terms get a much lower conversion price and push for eventual sale of the company. If the company can get a lot of that debt off books then they may be able to negotiate some more debt financing. Either that or arrange a sale. Now is the best time for that because they have all of that product sitting there. That alone offers significant value in addition to 18,000 medical patients. Not a lot waste that they need to strip out other than Benic's unjustified salary. He is getting it only because CEOs at CGC, tlry and aurora were robbing shareholders blind while overseeing shrinking operations and firing staff left right and centre while using up debt and share financing to pay their exorbitant salaries running big money losing companies in a sad sack industry hyped up by people smoking too much of the product.