GREY:ALEAF - Post by User
Comment by
rad10on Feb 23, 2022 2:03pm
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Post# 34454716
RE:Debentures down another 6% today
RE:Debentures down another 6% todayless than 2K worth changed hands - a whopping 4K face value traded. This is tightly held and illiquid. 2 players control the vote. Same ones that showed former exec the door - in order to bring them to the table. I don't think your deal will pass - they own you for the time being.
sthinei wrote: Down to 46. Hey we have a deal for you. Market right now says your Debentures are worth 18 million. How about we pay you $9 million and change you conversion price to .28. Aleaf gets out from under that debt and maybe you get back more of your money when stock rallies or the sell the company. 10k kg of high quality weed on the books and up to 2500kg per month coming from greenhouse to be shipped internationally. Book the capital loss and continued improvement in operations under new ceo instead of Benic who quietly departed into the cold night.