HEXO Equities Warrants Exp 2 Apr 2024 T.HEXO

RE:RE:People believe the title without reading

[Rotaluceps]

Touran77 wrote:

Rotaluceps wrote: It doesn't take a genius to see there is a problem here. 

Net revenues for the quarter were C$35.8 million, down 29% versus C$50.2 million in the same period last year, and sequentially down 16% versus C$42.5 million in the previous quarter. However, this beat Yahoo Finance’s average analysts’ estimate of C$31.48 million.

It beats "some" analysts very low expectation of a pre-bankruipt company. 
The revenue are declining again, lower than the previous quarter. C$42.5M - C$35.8 = $C6.7M down.

There are 600.99m shares. With a 14/1 reverse split...    600.99M x 14 = 8.4 billions shares. 


 If the company was to make a profit that will never happen, it would be divided by 8.4 billions among investors. After the r/s, Hexo will be short more because of the higher price. A r/s doesn't improve the business but will allow Hexo to last longer. The management want to keep their paycheck the longer possible. Once bankrupted, Tilray will get Hexo for peanuts. I knew there was no hope after all these previous bad quarter results, but with this one, they change the nails on the coffin for screws, screwing more the naive investors. 

Raison... Hexo have to be kidding...

The company said that the decline was attributable in part to “the timing of revenue recognition as certain shipments failed to reach their destination due to severe weather towards the period end.

The lost less money but the main problem remain the decliing revenues. 



 

 

For once my weekend is quiet and thought I should come on the board for a bit of reading.

Wow never expected I'd laughed as much as that.

How dumb is that guy for not understanding that RS reduces the number of shares. Just the 1 main goal of it hahahah.

I petty people that spend their weekends here, I really feel sorry for you guys!

GL all , talk to you tomorrow.

Touran

Hey tonto, I corrected my post right after. I was on festivity because I just bought a condo with the money I made. You are a bagholder, I was not. You are the dummy here and I told you more then once. You even sold half at one point because you are incompetent with your teenager argumentation... he said this one year's ago but I said this, or the dumb "i said to not go heavy", while I was on the side because Hexo was not a buy. You  lack confidence with weak argumentation to prove you have a brain.. not!