RE:Due Dilligence Good summary, say goodbye to your money. Think back and want to think about what the management done over the last year, this all seems very intentional now. What an absolute pig, with just disgusting management he gets paid a ton of money to fleece the shareholders that got them there in the first place. He's as$hole should be in jail.
Mosdef111 wrote:
Well I did some reading about the warrants I have no clue about and as they are under the water so much, STZ will either postpone them, or renegotiate them.
The debt they have needs to be repaid (400mil) July of 2023, and 900 million in 2026.
As we can see they have already negotiated the first item.
Next up is the warrants, which will expire for sure, or renegotiated barring any movement in the stock price.
STZ has to be committed because of the billions invested, but I doubt they are happy.
TIlray will also have to do something similiar in the coming months ahead.
Barring any major appreciation in the stock price, it's terrible to see this price.
WTN mentioned previously that STZ will exercise the warrants come November 2023, but that is 1000% not happening unless we have a major appreciation in the stock. Is it possible, yes. Probably only if USA legalizes, but with all the garbage going on there...seems unlikely.