RE:RE:RE:RE:RE:RE:RE:RE:RE:Hexo pumpers are funnyquinlash, I hope you're wrong and Hexo didn't pay too much for the Tyson and Entourage deal. They didn't have much cash to begin with.
quinlash - (12/7/2022 2:29:34 PM)
RE:RE:RE:RE:RE:RE:RE:RE:Hexo pumpers are funny
quinlash wrote:The statement made in the MD&A report was made PRIOR to the debentures coming due therefore we can conclude that the company was noting that they had the money on hand that they seen as being required for 12 months INCLUDING the $40 mil required for the repayment of the debenture PLUS the interest payment.
Q
- Long on HEXO
The company also secured the Tyson Deal and the Entourage Supply Agreement, both deals would likely have included some amount of cash up front. If HEXO Corp is indeed addressing overhead (as it appears they are IMHO) then the monthly expenses will be further reduced and thereby less cash being needed on a monthly basis
quinlash - (12/7/2022 2:29:34 PM)
RE:RE:RE:RE:RE:RE:RE:RE:Hexo pumpers are funny
quinlash wrote:The statement made in the MD&A report was made PRIOR to the debentures coming due therefore we can conclude that the company was noting that they had the money on hand that they seen as being required for 12 months INCLUDING the $40 mil required for the repayment of the debenture PLUS the interest payment.
Q
- Long on HEXO
The company also secured the Tyson Deal and the Entourage Supply Agreement, both deals would likely have included some amount of cash up front. If HEXO Corp is indeed addressing overhead (as it appears they are IMHO) then the monthly expenses will be further reduced and thereby less cash being needed on a monthly basis