RE:RE:RE:RE:Insolvency Filings Incoming? Well from what I can see they have about ~10s of millions in assets. The have a decent history of good revenue and have just overhauled multiple stores with renovations in the last couple of quarters. They have a relationship with Loblaws which is the largest food distributor in Canada. If they need money for continued growth I just don't see any problems with them getting it. And likely the price of the stock is a move to give some lender a nice entree point or an existing lender more stock for their money.
The debentures.. I'm not seeing what you are seeing. Can you direct me to a doc that outlines the details? Not sure why people think OG is going to have to cough up 3 million liquid cash today. Can be paid in stock no? Maybe you are talking about the potential of the lender dumping their stock? Anyway, I could be totally wrong so appreciate any info you've got.