GREY:FFLWF - Post by User
Comment by
Rotalucepson May 14, 2022 4:22pm
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Post# 34684223
RE:RE:RE:RE:RE:Exercise of Series B Warrants
RE:RE:RE:RE:RE:Exercise of Series B WarrantsThoughtsOnThis wrote: No way out of FAF with any upside until ACT tenders to buy the company. Think 2024-25 for that to happen. FAF and ACT are not concerned in the least about the share price and ACT would likely prefer the share price to keep falling (they must be buying on the open market).
Market conditions or not, It's just another one of the very bad cannabis companies that have hurt a lot of shareholders in a serioous way. We all got caught in the 'ACT Headlights". I know I did. Biggest percentage and biggest dollar loss I've experienced in 20+ years of self investing, so at this point I consider myself a rather large idiot...
Shareholders don't seem councious that CT will have 35% of FAF and maybe 50+ as read in the article. As yoiu said, CT just have to wait for the share price to go down, since the revenues are not there, (income statement on a quarterly basis.) CTC has plenty of time and money and will scoop the remaining for peanuts.