on 420 Day Hexo drops to it's All-Time low of 58 cents!How pathetic is that. So what do we have to look farward to? Sales are in a slow decline so not much upward momentum there, yet debt and debt payments still need to be paid via constant dilution and the market knows that they will have to do a reverse split of at least 10/1 at some point.
One of the main issues which is now clear.. is that Hexo could never afford Redecan, that was identified early on by myself but discarded as bashing. Well everyone knows that is the anchor pulling this stock down. But then again 48N and Zenabis has contributed little, relative to the cost to aquire them and a drag on this stock as well in a saturated market.
You see your hero SSL was all about being #1 at any expense - so the price would run up, he and others would sell and profit before the stock would gravitate back down once the financials didn't justify the sp. But it wouldn't matter as SSL would have sold by then and made even more millions while the long bag holders are left scratching their bags. That failed to materialize but it didn't matter as SSL left this stock a multi, multi millionaire as he cleverly or knew that this was over inflated. God bless SSL a true hero (to idiots that is)