quinlash - (10/3/2022 2:13:20 PM)
RE:RE:HEXO Quarter Report Dates
Out of pocket cash paid for the 2021 acquistions was less than 500k. We already seen our HEXO Long Touran provide the supporting research for this however everyone invested in the stock should already have those numbers confirmed for themselves.
Hexo paid $400 million in CASH for Redecan alone. Tonto provided a bunch of pumptard nonsense Redecan is reported as one of the most profitable companies in Canada for Cannabis products (pre-rolls being the claim to fame). Those sales are now rolling up under HEXO Corp with the company noting in early fiscal 2022 that the production line for the pre-rolls would be increased in the range of 2 to 300%
Redecan was a PRIVATE COMPANY - and Hexo posted ONE financial statement that showed a profit, along with $70 million in sales. What backup can you provide to support your 'one of the most profitable companies' nonsense.
Since that financial statement - Redecan revenue ahs dropped - as per Hexo's own financial statements.
What backup can you provide to support a 300% increase in production? It's nonsense. In addition to focusing on the higher-margin / better selling products the company has also reported a number of cost-savings initiatives. These cost-saving moves were further complimented to in 2022 when HEXO Corp and Tilray Partnered. This partnership is reported as having a forecasted cost savings of 80 Million within the next 1-2 years.
What higher margin / better selling products? Bowmann said he wouldnt tell investors that information
Hexo has publicly stated that their cost savings initiatives would not be achieved - including ALL the suppsoed savings in 'synergeis' Talk is cheap - results haven't been realized. Tilray did not partner with HEXO out of the goodness of their hearts with it being reasonable to expect that Tilray sees the investment in HEXO Corp as being favorable going forward. This investment by Tilray came in the form of Tilray Brands taking on over 200 million of the existing HEXO debt and providing HEXO Corp a much lower cost to carry.
Of course Tilray didnt buy $200 million of Hexo debt out of the 'goodness of their hearts' - they 48% of a pos bankrupt company in anticipation of US legalziation and a cheap company they could pick up at .40 cents a share in anticipation of increased production requirements for their international expansion plans. The lower cost to Hexo? A one time fee of $10 million to sign, an anniual fee of $18 million for Tilray's 'consulting fees' - PLUS HExo still has to make the monthly finance/loan payments to Tilray - based in part of the Adam Arviv backstop financing - which adds a diltion of $5 million in shares every month.
Keep belching your vile spew, you moron. Makes my day tohelp make you look stupid you filthy lying pumptard. quinlash - (10/3/2022 2:13:20 PM)
RE:RE:HEXO Quarter Report Dates
Out of pocket cash paid for the 2021 acquistions was less than 500k. We already seen our HEXO Long Touran provide the supporting research for this however everyone invested in the stock should already have those numbers confirmed for themselves.
Redecan is reported as one of the most profitable companies in Canada for Cannabis products (pre-rolls being the claim to fame). Those sales are now rolling up under HEXO Corp with the company noting in early fiscal 2022 that the production line for the pre-rolls would be increased in the range of 2 to 300%
In addition to focusing on the higher-margin / better selling products the company has also reported a number of cost-savings initiatives. These cost-saving moves were further complimented to in 2022 when HEXO Corp and Tilray Partnered. This partnership is reported as having a forecasted cost savings of 80 Million within the next 1-2 years.
Tilray did not partner with HEXO out of the goodness of their hearts with it being reasonable to expect that Tilray sees the investment in HEXO Corp as being favorable going forward. This investment by Tilray came in the form of Tilray Brands taking on over 200 million of the existing HEXO debt and providing HEXO Corp a much lower cost to carry.