RE:RE:wow, A true investor of HEXO wants to see HEXO resolve the note issue ASAP in any way required. ASAP.... The sooner the better. But lets wait till we have to produce an adjusted positive ebitda Q2? RIght Quinny?
Q would have you believe it is in the best interest of everyone for this to continue to permeate..... waiting until the last possible minute. Cause we all know, HEXO, they want to watch the SP of their company drop and drop and drop......
quinlash wrote: The new CEO and CFO have their work cut out for them however the current SP is not an indication of pending backrupty. The low SP may play a role in limiting options to the company in terms of raising capital on the open market however we did not want to see that anyway. The CEO noted that the company would work with traditional (non-diluting) finance options to address current financing needs.
We are waiting to hear what has come of that however it is also not impossible that they could lean on their relationship with Molson Coors for a loan to get them over this current hump.
jmho
Q
baranja wrote:
Where is the rock bottom here? Will this go bankrupt and out of business?