Reply to Partwaythere
Partway there wrote:
"Really, market share of 100M ...Just hold ffs; the sp indicates Hexo is only worth 100M; Duhhhh. Assests alone are 300M+; unbelievable at folks selling but those who buy are going to be happy. When you ask? Well who the F-knows but Charlie."
I'm spending too much time on here today & posting way more than i should on this useless, dead forum. BUT Hexo mgmt has a knack of doing the ludicruous, insane & the incomprehenisble which feeds into this media frenzy on these social forums. And doing it just short of the holidays no less. Which is the gift which keeps on giving for detractors of the company.
But just to clear up some falsehoods with this statement above. Hexo's actual value as we speak is actually ~$325M. As it seems you "forgot" to include the debt side of things and that $225M in debt owed to Tilray. Not sure how much the assets are actually worth, but the company is being valued at $325M. $225M in debt + the value of the equity. Most of the REAL value that's left being in the debt side NOT the equity
Once the RS takes place and subsequent additonal financing are done, CURRENT equity holders will be COMPLETELY 100% wiped out next year. All of the value in the company's assets will be concentrated in those convertible debs. There is ZERO value in the equity now, and once most folks realize this, the stock will slowly drift to under a dime quickly, until the RS is complete. The only folks who will profit from anything on the stock related side, will be the NEW investors that come AFTER the RS & financings are complete. The old/current s/h are done, courtesey of Hexo's wonderful holiday gift to its holders......
GLTA