GREY:ALEAF - Post by User
Comment by
Toweringmarson Jan 04, 2022 12:26pm
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Post# 34282027
RE:If ALEAFIA can show themselves to be cash flow positive
RE:If ALEAFIA can show themselves to be cash flow positiveWell said. $2 in 2022.
sthinei wrote:
and in less need of a large amount of debt financing it would be beneficial to all concerned for the debenture holders to aggree to a lower conversion price. Pull out $3 million in interest charges convert the debt holders at .40 and have the possibility presented to them of possible sale company at levels higher than that. It is in their interest now to see Aleafia become profitable not driven into the ground that some here would suggest. They have the possibility of doing that sooner than many of the others because the others have oversized operations, significant debt, huge employee counts, etc... Things could get much better for aleafia if there is movement on EU GMP, EU recreational legalizaton etc... All of this can be held out as a carrot for debt holders as opposed to taking pennies on their dollar otherwise. No one wins then. They served their puropse just as the shareholders did who bought from 1-$3 and at .82 etc... Thats just the reality of selling the sizzle rather than the steak. Management now has the potentail to actually run a viable company if the manage this properly.