Hey Q seeing how you are shortwitted (like how I said short not dumb?) A reminder for you:
This was the last time I referenced my HEXO holdings - As you like to pick and choose what you will respond to I did you a favo
Dear HEXO
You could have been the sexy Canadian cannabis stock heading into 2021.... Imagine, this past ER, if:
1- you announced that Redecan will be available in QC by X date.
2- elaborated further on the increaased Redee production - 1.6 million is a lot, what for? You did not say anything about it. Just a quick 1.6 m comment....
3- discussed a positive update regarding the CPG bit that HEXO inidicated was in a testing phase back in August.
4 - this is #1 really: announced a resolution to your 2023 debenture mess that would stop the dilution. (*MASSIVE FAIL)
5- more information regarding the international agreements you sought when acquiring Zenabis. You implied this was the top reason for Zena acquisition - how about talk some positives about one of the companies you acquired?
I am sure I can come up with a few more points that would have helped enable a positive outlook for HEXO heading into 2021. Imagaine any or all of those things happened? Stock goes up.....
Instead HEXO you are showing yuourself for a fat pig with no signs of leaving the buffet anytime soon. Longs should take notice - the more dilution the more you loose immediately. Will it ever recover? Who knows but there is a long path forward for these guys to get to a positive cash flow scenario and that is exactly what this company needs.
Me I am still divesting. 1 week no response from HEXO investor relations says it all...... They won't suggest to sell their shares however they won't reply so maybe the person on the other end of the email(s) is trying to help me the best way they can? Who knows? Im sitting with a fraction of what I held. Q I continue to hold some shares, seing how you like to say I am not a shareholder I will advise you now... That being said I wiIl keep an eye on this fat boating pig for two reasons mainly:
1 - there are still some positives but first they have a storm ride out and clean up.....
2- I LOVE BACON!
I don't short - nor did I lend my voice on this website really anywhere else....
FIRE:CT (by do I miss you!!!)
CGC:CT (HEXO makes you look good so theres that)
SUGR:CT - still the best product on the market when considering quality and cost. NO ONE has a better product than them. Maybe more enjoyable strain(s) based on preference but their flower is A+ as good as it essentially gets.
HEXO:CT - was thinking you would show a path to positive EPS sooner than later. That is clearly not happening. YOU DO NOT EVEN HAVE A PLAN! At least not one that has been accepted by a select few shareholders.....
Happy holidays to HEXO and everyone else (Shorts included - Quinn you're really someone special!!!)