GREY:ALEAF - Post by User
Comment by
sthineion Nov 19, 2021 8:09am
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Post# 34144609
RE:RE:RE:Debentures…..
RE:RE:RE:Debentures…..I agree. Does not usually work out for those small investors who bought above $1-2 during the hype. There will be some value in the shares here because debenture holders as well as Raf and Fantino dont want to walk away empty handed. Best case scenario is share based offer from another depressed Canadian operator that has the "possibility" of capitalizing on coming legalization in Europe. I think ACB is best suited for this because of their strong international position and medical focus which comes along with the fact they have met a lot of the stringent requirements for sales. Then ACB can use Aleafias outdoor grow operations to support canadian recreational sales and strip out Benics salary and $4 milion in interest costs. After you do that Aleafias operations are probably profitable or close to being profitable which is rare in this industry.