GREY:FFLWF - Post by User
Post by
ThoughtsOnThison Jul 11, 2022 4:14pm
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Post# 34816180
A De Facto FAF Bankruptcy?
A De Facto FAF Bankruptcy?A de facto FAF bankruptcy is now possible. ACT will act in it's own best interest and tender an offer for all shares once the price is driven down to (?) pick a number, say $1.00. ACT will come in claiming "clean hands" and will offer a premium of 25% (sooner than Spring 2023) and will own whatever mess FAF actually is.
It's either that or they actually let FAF go bankrupt because internally they've written off the whole cannabis play. In any case ACT will be directly responsible for the untold tens of millions of dollars in portfolio destruction that they have been a willing party to. So much for ACT being the adults in the room. I was blinded by that...